2624 Shale 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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | Listed by Coldwell Banker Real Estate Group | $419,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
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Welcome to the elegant Blackstone Trails subdivision, where this delightful three-year-young ranch-style home awaits. This home offers a perfect blend of modern comfort and serene surroundings. Step inside to discover a spacious living area adorned with sparkling upgraded lighting fixtures and professionally installed window coverings, setting the contemporary tone found throughout. In the heart of the home, the modern kitchen beckons with sleek quartz countertops, stainless steel appliances, and ample cabinet space. A center island doubles as a convenient breakfast bar, offering additional workspace and seating for casual meals. The open floor plan seamlessly connects the kitchen to the dining area and living room, including the fireplace. The master suite awaits, boasting a walk-in closet and en-suite complete with a tiled shower and dual vanity LED mirrors and sinks. Two additional bedrooms on the main level share a full bathroom, ensuring comfort and convenience for all. Gorgeous hardwood floors throughout the main level add a touch of warmth and sophistication. Venture downstairs to the unfinished basement with a finished full bath, reverse osmosis system, and installed water softener; pre-framed for future expansion, including a potential bedroom and family room. Experience serene outdoor living in this spacious backyard, featuring a vinyl white fence, a partially covered patio with an extended addition, and the privacy of currently having no backyard neighbors-perfect for tranquil relaxation or entertaining.
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| Aug 20, 2021 | Sold | ||
| Sold | |||
| May 3, 2021 | Listed by Keller Williams Revolution | $355,000 | |
| Listed by Keller Williams Revolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017