23660 Shady Lane
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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$374,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| May 27, 2025 | Price Decreased |
$389,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by First Team Real Estate | $394,000 | |
| Listed by First Team Real Estate | |||
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Discover the perfect blend of rustic charm and modern convenience in this delightful Crestline mountain cabin! The main level features two inviting bedrooms and a full bathroom, while the lower level offers a private one-bedroom, one-bathroom suite—complete with a spacious closet and an indoor laundry area. Embrace the cozy cabin ambiance with warm wood paneling, a charming wood-accented ceiling, and a classic brick fireplace in the family room. Step outside onto the expansive deck, where you can enjoy peaceful views of the all fenced backyard. A whimsical touch, the custom deck railings feature unique "cat" cutouts, adding to the home’s character. Additional highlights include updated windows throughout most of the home, a newer water heater, a central furnace and air conditioner replaced in 2018, whole house repiped with pex in 2024, and a large storage shed. With plenty of level, private parking, easy and quick access to town, and a commuter-friendly location, this cabin offers both charm and convenience. A short distance to Lake Gregory, for fishing, kayaking, kicking back at the beach area and more. Plenty of local summer and winter activities year round, don’t miss your chance to make it yours! **BONUS** The sellers are open to buyer concessions and/or closing cost credit with your offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017