2547 Shoreline 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 |
|---|---|---|---|
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Jul 8, 2022 | Price Decreased |
$79,000
↓ $21K
(20.6%) | |
| Price Decreased | |||
| Jun 18, 2022 | Price Decreased |
$99,500
↓ $11K
(9.6%) | |
| Price Decreased | |||
| Apr 14, 2022 | Listed by Oak Shores Realty | $110,000 | |
| Listed by Oak Shores Realty | |||
| | |||
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Dock Rights come with this amazing Lot! This lot comes one 6th ownership in the water front lot allowing you put have your own dock on the lake. The lot is a buildable lot with power, water and sewer are at the street. The lot has a lower area to place the home. Come build your dream lake house.
This lot is inside of Oak Shores a gated community. Buyers will need to be accompanied by a license real estate agent.
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| Apr 17, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017