29 SHARON Drive
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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2023 | Listed by JILL DOPPEL REAL ESTATE LLC. ML | $360,000 | |
| Listed by JILL DOPPEL REAL ESTATE LLC. ML | |||
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This Spackenkill classic 1950 Cape Cod was built at the introduction of the era of some of the most legendary American TV, music & fashion icons in history. Situated on over 1/3 acre, the property offers an expansive back yard lined with an old stone wall at the rear and plenty of room for gardens, landscaping, large parties and family entertainment. Room for a small garage or carport exists to the left of the home, and there is a large front porch, large deck, aboveground pool, hot tub, and grand size outdoor grilling station for BBQ enthusiasts. Entering the home, the common area is bright and open. The living room joins the dining area which has sliders to the deck, and the adjacent small kitchen offers potential for possible expansion. There are original details still existing in wood doors, wood floors under laminate, along with the main floor full bath in original signature pink, a color that was inspired by first lady Mamie Eisenhower in the 1950s. Two bedrooms downstairs were converted to one large bedroom with an impressive walk-in closet and beautiful French Doors to the deck and pool. Two additional bedrooms upstairs are dormered with new windows overlooking the rear of the property, and possibility for adding a second bath. The previously finished basement may once again be finished off in the future. The vintage bar downstairs may be included. There is city water & sewer, natural gas, and the home is ducted for Central AC. This home offers the perfect opportunity for those looking for potential to increase value over time while providing children with the best schooling in top ranking Spackenkill.,
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| Oct 3, 2022 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Price Decreased |
$349,500
↓ $10K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017