251 Shore Drive #E2
About This Property
The manager has listed the unit size as 528 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 6, 2019 | No longer available | - | |
| No longer available | |||
| Feb 10, 2019 | Price Decreased |
$275,000
↓ $14K
(4.8%) | |
| Price Decreased | |||
| Jan 23, 2019 | Listed | $289,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/29/2026
|
2 Bed
|
1 Bath
|
528 ft²
|
$450,000
2 Bed
1 Bath
528 ft²
|
$448,000
-0.44%
06/10/2026
|
Gervais Group
Keller Williams Realty
| |
|
04/09/2026
|
2 Bed
|
1 Bath
|
528 ft²
|
$439,000
2 Bed
1 Bath
528 ft²
|
$430,000
-2.05%
05/21/2026
|
Sarah Lapsley
Kinlin Grover Compass
| |
|
01/27/2026
|
2 Bed
|
1 Bath
|
528 ft²
|
$340,000
2 Bed
1 Bath
528 ft²
|
$335,000
-1.47%
03/27/2026
|
Cait Graves
Today Real Estate, Inc.
| |
|
07/31/2025
|
2 Bed
|
1 Bath
|
528 ft²
|
$469,900
2 Bed
1 Bath
528 ft²
|
-
-
|
Thalia Logan
New Seabury Sotheby's International Realty
| |
|
04/11/2025
|
2 Bed
|
1 Bath
|
624 ft²
|
$499,900
2 Bed
1 Bath
624 ft²
|
-
-
|
Dave White
OwnerEntry.com
| |
|
01/23/2023
|
2 Bed
|
1 Bath
|
528 ft²
|
$395,000
2 Bed
1 Bath
528 ft²
|
$390,000
-1.27%
03/14/2023
|
Bob Malcolm
Berkshire Hathaway HomeServices Robert Paul Properties
| |
|
06/10/2022
| |
Studio
|
-
|
-
|
$625,000
Studio
-
|
-
-
|
Serena LoPiccolo-Smith
Keller Williams - Cape Cod and the Islands
|
|
06/10/2022
|
2 Bed
|
1 Bath
|
528 ft²
|
$390,000
2 Bed
1 Bath
528 ft²
|
$365,000
-6.41%
08/31/2022
|
INSPIRE Team
Keller Williams Realty
| |
|
05/11/2022
|
2 Bed
|
1 Bath
|
528 ft²
|
$399,900
2 Bed
1 Bath
528 ft²
|
$361,000
-9.73%
07/15/2022
|
Nancy Flynn
Suburban Lifestyle Real Estate
| |
|
08/15/2020
|
2 Bed
|
1 Bath
|
528 ft²
|
$249,900
2 Bed
1 Bath
528 ft²
|
$220,000
-11.96%
11/10/2020
|
Missy Wagner
Keller Williams Elite
| |
|
11/01/2019
|
2 Bed
|
1 Bath
|
528 ft²
|
$299,990
2 Bed
1 Bath
528 ft²
|
-
-
|
-
| |
|
01/23/2019
|
2 Bed
|
1 Bath
|
528 ft²
|
$289,000
2 Bed
1 Bath
528 ft²
|
-
-
|
-
| |
|
02/02/2013
|
2 Bed
|
1 Bath
|
528 ft²
|
$169,900
2 Bed
1 Bath
528 ft²
|
$162,000
-4.65%
05/21/2014
|
Stephen Rudy
Kinlin Grover Compass
| |
|
01/18/2012
|
2 Bed
|
1 Bath
|
528 ft²
|
$199,900
2 Bed
1 Bath
528 ft²
|
$180,000
-9.95%
09/28/2012
|
Deborah Schilling
William Raveis R.E. & Home Services
| |
|
04/12/2011
|
2 Bed
|
1 Bath
|
528 ft²
|
$199,900
2 Bed
1 Bath
528 ft²
|
$182,000
-8.95%
07/15/2011
|
Jamie Regan III
Keller Williams Realty
| |
|
05/16/2010
|
2 Bed
|
1 Bath
|
528 ft²
|
$239,900
2 Bed
1 Bath
528 ft²
|
-
-
|
Jamie Regan III
Keller Williams Realty
| |
|
03/05/2009
|
2 Bed
|
1 Bath
|
528 ft²
|
$239,900
2 Bed
1 Bath
528 ft²
|
-
-
|
Jamie Regan III
Keller Williams Realty
| |
|
05/19/2007
|
2 Bed
|
1 Bath
|
537 ft²
|
$199,500
2 Bed
1 Bath
537 ft²
|
$190,000
-4.76%
09/10/2007
|
Team 300
Today Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017