1607 Shearn Street
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | Listed by Keller Williams Memorial | $699,900 | |
| Listed by Keller Williams Memorial | |||
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STUNNING 2-story detached home in the highly desirable Sawyer Heights/Arts District! First floor living, massive kitchen with Bosch appliances, private study, all bedrooms up, game room, huge primary bedroom and bathroom, and double-wide private driveway with attached 2-car garage. Much has been updated to give the home a more custom feel and will give you a warm, welcoming feeling from the moment you step inside (ask for list of upgrades). The cherry on top is the walkability to restaurants, coffee shops, breweries and social spots, multiple parks, art galleries, year-round events and the Heights walking/biking trail which you can access just one block north on Spring Street. This home has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017