241 Shore Road
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 |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Nov 13, 2018 | Listed by William Raveis R.E. & Home Services | $565,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Scenic views of the natural wildlife sanctuary of Back River! The ever changing vistas showcase the marshland, estuary beauty of this tidal river. This open floor plan home is so tasteful with stylish kitchen that opens to dining area and flows to spacious living room with gas fireplace all with panoramic views! Atrium doors open to fantastic deck, great for summertime entertaining. The first floor master bedroom is just beyond and offers tranquil space to retreat to. Upstairs, is a spacious guest bedroom, full bath and sitting area perfect for home office. Large bonus room offering many options including additional sleeping area for extra guests. Watch the ships cruise through the canal, enjoy lobsters at the Lobster Trap, enjoy lunch or dinner at the iconic restaurant The Chart Room! Seller is motivated!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017