18807 Shay Lane
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Walzel Properties - Corporate Office | $264,990 | |
| Listed by Walzel Properties - Corporate Office | |||
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Nestled among trees, this charming home boasts wood look laminate floors, a spacious family room with fireplace, and an enormous 4 car garage for ample storage. The front porch is perfect for holiday decorating, while the covered back patio is ideal for entertaining. Don't miss out on this must-see property!
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| Dec 1, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by BHGRE Gary Greene | $249,000 | |
| Listed by BHGRE Gary Greene | |||
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LOVELY HOME NESTLED AMONG THE TREES. WOOD LOOK LAMINATE FLOORS. HUGE FAMILY ROOM W/ FIREPLACE. GIGANTIC 4 CAR GARAGE THAT PROVIDES ALL THE STORAGE YOU COULD EVER NEED. FRONT PORCH GREAT FOR HOLIDAY DECORATING. COVERED BACK PATIO FOR ENTERTAINING. MUST SEE!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017