228 Shute St
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | Price Decreased |
$829,000
↓ $40K
(4.6%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $869,000 | |
| Listed | |||
| | |||
|
Newly Renovated Single Family with 4 Bedrooms and 2.5 Bathrooms. Three levels of living space which includes Master Bedroom with Master Bath. You will Enjoy Bright and Sunny Rooms with Over Sized Windows. This Home Boasts Open Floor Plan with Large Kitchen which Flows into Dining and Living Rooms. Beautiful Hardwood Floors throughout this Magnificent Home. Everything including Plumbing, Electrical (Central AC), Windows and Walkways (New Concrete) are Newer!!! You will Enjoy the Outside Hardscape as well with recent updates Perfect for Growing Vegetables, Flowers, ETC...
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| Jun 1, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017