304 Shepherd Street
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 24, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by Crew Realty LLC | $1,295,000 | |
| Listed by Crew Realty LLC | |||
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Organic Modern with High-End Finishes & Thoughtful Design. This newly built organic modern blends timeless charm with contemporary design in the coveted Wilmont neighborhood of University Park, one of Raleigh's most desirable neighborhoods. Featuring a crisp white exterior, sleek black accents, and a welcoming covered front porch, this home offers both curb appeal and modern functionality. Inside, discover an open-concept floor plan, high-end finishes, and abundant natural light. Beautiful wood floors throughout both main living levels and all bedrooms add warmth and elegance. The upgraded signature designer light fixtures and matching hardware elevate the home's style. The island-centered kitchen boasts an upgraded appliance package and a large walk-in pantry, ensuring effortless organization and fluid meal prep. A versatile room off the entry hall serves as a home office or convenient butler's pantry. The primary suite provides the ultimate retreat, complete with blackout shades for restful sleep and a spa-like en-suite bath with a double shower. Lounge peacefully in the spacious second floor loft. Upstairs, the finished third floor provides flexible space for an exercise room, additional office, or entertainment area, with cozy carpeting for comfort. Outdoor living is just as impressive! The screened porch includes a privacy shade that doubles as an outdoor movie screen, perfect for relaxing evenings. The spacious fenced backyard is ready for pets, complete with a doggie door access for a large pup. Furnishings negotiable. Other standout features include: • 38 ft x 12 ft walk-in attic storage - a rare find! • Tankless gas hot water heater for energy efficiency • Attached garage & ample driveway parking • Sealed crawlspace. Located in a sought-after neighborhood, this home is just minutes from top dining, shopping, and entertainment options. Perfect for today's lifestyle. Don't miss this thoughtfully designed home!
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| Apr 8, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by RE/MAX United | $1,195,000 | |
| Listed by RE/MAX United | |||
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ITB Custom Built New Construction- Located in incredible neighborhood close to shopping , beltline, NCSU, museum etc... Awesome lot with large flat backyard!! Fit and finish: site finished hardwoods, wood closets, quartz, modern tile, 36'' range, covered rear patio. Ready for March delivery.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017