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Map
259 SHOEMAKER LANE
About This Property
Inside, you'll find a clean, modern feel with upgraded flooring throughout and a refreshed kitchen that makes the home feel move-in ready from day one. The layout is efficient and functional, ideal for first-time buyers looking for a low-maintenance start or investors seeking a strong, rent-ready addition to their portfolio. A newer roof adds immediate value and peace of mind, while the basement provides extra space for storage or future use.
What truly separates this property is the land. Nearly an acre gives you room to expand, create outdoor living space or simply enjoy the privacy that's becoming harder to find. Whether you're envisioning a garden, additional improvements or just space to breathe, the possibilities are here.
At $179,000, this home checks boxes that are increasingly difficult to find at this price point... updated condition, usable space and long-term upside. Properties like this don't last in today's market.
Act quickly! Schedule your showing and see the value for yourself before it's gone!
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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 |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | Price Decreased |
$169,900
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Your Town Realty | $179,900 | |
| Listed by Your Town Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017