162 Shafran Drive
About This Property
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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 |
|---|---|---|---|
| Jul 17, 2022 | No longer available | - | |
| No longer available | |||
| Jul 15, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | In contract | - | |
| In contract | |||
| May 27, 2022 | Listed by Christian Saunders Real Estate | $219,900 | |
| Listed by Christian Saunders Real Estate | |||
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The value is in the land! CONTRACTOR SPECIAL ON 3.65 ACRES. LAKEFRONT LAND. Close to Metro Areas! Lake allows Powe Boating, Canoeing, Swimming, Fishing. A ranch home that has been constructed to include foundation, framing, siding, and some systems in place. Rough wiring is done and inspected - whole house is ready for drywall. This would be perfect for someone to finish in their own style! New 200 amp service from pole. A 12 foot non exclusive easement along the left fence line going from lower Shafran Dr to the water for ingress and egress only. Well is drilled, it will take apx. $1,900 to get it functional w/pump, tank and valves. (the estimate can be provided) Septic is on property but untested. Sold AS IS. The manager has listed the unit size as 1157 square feet.
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| Mar 30, 2022 | Listed by Christian Saunders Real Estate | $219,900 | |
| Listed by Christian Saunders Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017