3 Shrewsbury Way
About This Property
& VACANT LOT IS UNDER CONTRACT - NEW LIST PRICE IS $375,000**
Beautiful home in the highly sought-after Poquito Bayou neighborhood! This well maintained home sits on an expansive .205-acre lot, offering both space and tranquility.
One of the standout features of this property is the whole-home built-in generator, ensuring peace of mind during any power outage. The home boasts a large covered back porch, perfect for relaxing or entertaining while enjoying the serene surroundings of your private, oversized yard. With its prime location in Poquito Bayou, you're just moments away from the water, parks and top-rated schools, making this an ideal home for anyone seeking comfort and convenience in one of the area's most desirable communities.
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Price Decreased |
$375,000
↓ $100K
(21%) | |
| Price Decreased | |||
| Aug 17, 2024 | Listed by Coldwell Banker Realty | $474,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017