176 Shannon Road
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 13, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by BHHS Verani Londonderry | $524,900 | |
| Listed by BHHS Verani Londonderry | |||
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Enjoy one level living at its finest in this beautifully, renovated sprawling ranch nestled on over an acre wooded lot in Salem. This meticulously updated home offers a new kitchen and baths, new roof, new windows, updated electrical, new appliances and lighting, gleaming hardwood floors, and the list goes on and on. The oversized living room with massive windows bringing the beauty of the backyard inside and the overized dining room with fireplace make this the perfect entertaining home. Beautiful master bedroom with private bath along with two additional generous sized bedrooms create a private santuary apart from the main living area. Private office/den/toyroom off the living room offers great versatility. Venture to the lower level and find a huge basement, perfect for storage or finishing, and a two car heated garage. Beautiful, private yard is perfect for gardening or just relaxing around the firepit. Nothing left to do but just move in!! Showings begin Saturday 6/5 at public open house 10-12 along with an additional open house Sunday, 10-12.
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| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 17, 2021 | Listed by Keller Williams Gateway Realty/Salem | $359,900 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017