309 Shore 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 |
|---|---|---|---|
| Oct 5, 2017 | Sold | ||
| Sold | |||
| May 30, 2017 | Listed by Leading Edge Real Estate | $789,900 | |
| Listed by Leading Edge Real Estate | |||
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Fabulous Waterfront Colonial with 4 Garage Bays located on Arlington Pond. This custom home is the perfect place for year round activities, boasting a beautiful sandy beach with 2 docks, boat lift, a .46 acre landscaped lot and an oversized deck with unobstructed views. Inside you will find a lovely kitchen with birch cabinets, granite counters and center island adjacent is the dining room with water views and large front to back family room with cozy gas fireplace. The second floor is home to the master suite plus two spacious bedrooms and 2 full baths. In addition, there is an versatile bonus room or private guest suit with three-quarter bath. The walk-out lower level is partially finished with a wood stove and half-bath. Numerous updates include a 5 zone Buderus furnace, roof, septic system, central ac, Anderson windows and more. Please note septic is a 3 bedroom design.
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| May 12, 2017 | Listed by Century 21 North Shore Fine Homes & Estates | $789,900 | |
| Listed by Century 21 North Shore Fine Homes & Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017