1647 Shepherd Drive
About This Property
This delightful 2 bedroom, 2 bath home is designed for comfort and ease of living in a serene, 55+ community. Ideal for those seeking a peaceful low maintenance life style, this home offers spacious living and a larg backyard that is a blank canvas for your imagination. Included is a family room, laminate flooring and a 2 car garage with additional Stoage space.
Enjoy the tranquility of this friendly community. Don't miss out! Schedule a tour today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Property Pros | $437,500 | |
| Listed by Property Pros | |||
| Aug 28, 2023 | No longer available | - | |
| No longer available | |||
| Jul 11, 2023 | Listed by RE/MAX Parkside Real Estate | $360,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
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Sierra Bonita Village - Senior Community 55 yo and over. 2 bedroom, 2 bath, 2 car garage. newly painted and new vinyl flooring. Seller is out of the area and needs extra time to respond. The manager has listed the unit size as 1088 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017