237 Upper Shad Road
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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This Mid Century Modern classic marries sophistication and serenity, nestled on 3+ very private acres with sweeping driveway framed by lush lawns and relaxing ponds that abut the 127 acre Zofnass Family Preserve. This updated architecturally distinct home features a soaring two story living room accented by floor to ceiling windows overlooking a bucolic landscape, stone walls, and perennial plantings, opening to covered stone patio, charming gazebo, and serene pond. The sun and sky filled open floor plan brings together living and dining areas, leading to the casual chef's EIK, all three encased in natural fieldstone walls. Indoors and outdoors are joined in constantly changing light for endless entertainment, front row orchestra seats for all seasons. The chef's EIK opens through sliders to a breakfast/brunch patio. The library/family room is wrapped in bookshelves, opening to the covered patio by french doors. The third bedroom, full bath, laundry room/storage completes the first level. The upper level includes the primary bedroom with walk-in closet and connects to a floor to ceiling glassed-in "sleeping porch" overlooking the landscape; the second bedroom with en-suite bathroom, home office/bonus room, each opening to an open loft area with sliders to a private, outdoor stone patio nested against a mature, hillside perennial garden with walking path. Sited very privately on a desirable tree lined country road in Pound Ridge, this property is conveniently located to restaurants, shopping, golf, parks, minutes from New Canaan and Stamford CT, near Metro North, I-684, Merritt Pkwy. Less than an hr from NYC!
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| May 19, 2022 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
| Jan 31, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017