2916 Shoreline Drive
About This Property
This open-concept 3 bedroom 2 bath features a versatile upstairs bonus room perfect for a game room, media space, or a true 4th bedroom. A formal dining room-or ideal home office-sits just off the entry. The main level showcases stained concrete floors and a spacious kitchen with a butler's pantry, breakfast bar, and a seamless flow into the family room highlighted by a rock fireplace.
You'll appreciate the extensive crown molding throughout, split-bedroom layout, and a primary suite offering a garden tub, separate shower, and dual sinks. The utility room provides built-ins and an additional pantry for extra storage. Step outside to a covered patio, and firepit area for gatherings.
A rare opportunity to live across from the lake in one of the area's most sought-after communities!
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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 6, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Dec 13, 2025 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$359,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017