197 Shannon Rd.
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Realty ONE Group NEST | $799,900 | |
| Listed by Realty ONE Group NEST | |||
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Welcome to your private retreat! This contemporary colonial cape offers the perfect blend of modern amenities and serene surroundings on 2+ acres of peaceful land. This spacious three-bedroom, three-bathroom layout features a stunning sunroom with a stand alone gas fireplace, creating a bright and inviting atmosphere for everyday living. The kitchen boasts elegant quartzite countertops with custom cabinets, perfect for preparing meals while enjoying the tranquil sunny views. Relax in your living room by the refaced fireplace on those cozy winter evenings. With ample garage space (2.5) , this property provides an exceptional opportunity to experience the best of both comfort and natural splendor. Lets not forget the Atkinson Country Club (just a few steps away) a wonderful place for your after dinner walks. Don't miss the chance to make this unique oasis your own! Showings Begin May 3, 2024 at Open House Fri at 5 pm - 6:30 pm Sat 10 am - 12 pm
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| Sep 30, 2011 | Sold | ||
| Sold | |||
| Aug 5, 2011 | Listed by Berge's R.E. & Construction Co | $394,900 | |
| Listed by Berge's R.E. & Construction Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017