2242 Shere Lynne Drive
About This Property
Step inside to discover a living room featuring a cozy wood-burning fireplace - perfect for relaxing evenings or gathering with family and friends. Beautiful archways add character and guide you into the kitchen, which offers ample cabinet and counter space to bring all your culinary ideas to life. The kitchen also comes fully equipped, with appliances that stay, including a convenient deep freezer.
Each of the three bedrooms is generously sized, offering flexibility for restful retreats, guest rooms, or a home office. The home's interior feels like a blank canvas, ready for your personal touch and creativity to truly make it shine.
Step out back to find a large covered patio ideal for outdoor dining, entertaining, or simply enjoying a quiet morning coffee. The spacious backyard has plenty of room for play, gardening, or creating your own outdoor oasis, plus there's a handy storage shed for tools and extras.
For added peace of mind, the roof is only two years old, and the home features brand-new electric utilities installed as of April 2025.
Located in an established neighborhood, this home beautifully combines potential, space, and practicality - making it the perfect place to create the home you've always envisioned!
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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 29, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Epique Realty LLC | $149,900 | |
| Listed by Epique Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017