2351 NE Shenandoah Road
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$228,999
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Sep 15, 2025 | Listed by RE/MAX Elite | $229,999 | |
| Listed by RE/MAX Elite | |||
| | |||
|
r***GREAT PRICE...WOW! this delightful, sprawling home in a QUIET NEIGHBORHOOD has curb appeal, wide frontage & blue pagoda. All-tile home with sunny front room/living/family room with loads of windows. Ahead a small dinette area and galley kitchen. Wheelchair ramp down to 9x12 freshly painted porch. Left- 2 good-sized bedrooms and a tidy bathroom. Right -at front door, a fabulous bonus room sits between ample one-car garage door and interior laundry room. Great for study/work-out room/man cave/game room! Then enter the primary bedroom with outside access! En-suite has a shower, bedroom has high privacy windows and triple Tudor-type French doors to the blue pagoda on a slab. Imagine this covered in flowering vines, as an early morning/evening sanctuary. Big yard. Close to small park. PVC pipes-house to street. Roof is low slope torched down roof. Recently restored. ***WHAT A DEAL***HURRY!!
| |||
| Jul 28, 2025 | Price Decreased |
$247,500
↓ $500
(0.2%) | |
| Price Decreased | |||
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About Fairview
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,300 /mo
- 4 Beds
- 2 Baths
- 1,759 ft²
$2,000 /mo
- 2 Beds
- 1 Bath
- 875 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017