313 Shetland Road
About This Property
From the moment you walk through the front door, this home welcomes you with warmth and functionality. The oversized living room offers endless possibilities for seating and layout, perfect for relaxing or entertaining. Enjoy the charm of a renovated eat-in kitchen, complete with modern finishes, and a formal dining room that's ideal for hosting dinner parties - or easily convert it into a home office to suit your lifestyle.
The spacious primary suite overlooks the peaceful backyard and features a luxurious, spa-inspired bathroom with a freestanding soaking tub and a sleek zero-entry shower - a true retreat at the end of the day.
Step outside to your private oasis, where the screened-in porch with a ceiling fan and expanded deck provide the perfect setting for morning coffee, grilling, or unwinding in the evenings. Thoughtful updates are found throughout the home, ensuring comfort and style at every turn.
Located in a community that offers resort-style amenities including a pool, clubhouse, horse barn, and pasture, this property combines country charm with exceptional neighborhood perks.
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Allen Tate / Durham | $545,000 | |
| Listed by Allen Tate / Durham | |||
| Nov 7, 2023 | No longer available | - | |
| No longer available | |||
| Oct 11, 2023 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017