284 Shoreline Lane
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by RE/MAX Land & Homes on the Bay | $599,900 | |
| Listed by RE/MAX Land & Homes on the Bay | |||
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Discover the perfect blend of comfort and nature in this stunning bayfront home situated on an expansive 7-acre lot. This inviting residence features 3 spacious bedrooms and 2 modern bathrooms, ideal for families or those seeking additional space. Originally built in 1991, this home has undergone several thoughtful updates that enhance its appeal. The heart of the home boasts a beautiful kitchen adorned with granite countertops and brand-new appliances, making it perfect for culinary enthusiasts and entertaining guests. Step outside to enjoy the serene patio that overlooks the picturesque bay—a perfect spot for morning coffee or evening relaxation. Additionally, the property includes a delightful gazebo by the water, providing a tranquil place to unwind while soaking in the breathtaking views. This rare gem offers not only a beautiful home but also a unique lifestyle opportunity. Don’t miss your chance to own this captivating bayfront retreat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017