3178 Clear Fork Road
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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$369,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| May 21, 2025 | Relisted | $375,000 | |
| Relisted | |||
| Apr 23, 2025 | Listed by Young Marketing Group, Realty Executives | $375,000 | |
| Listed by Young Marketing Group, Realty Executives | |||
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Tucked inside the gated Shagbark community, nestled among the trees and a year round creek, this charming 3 bed, 2 bath home offers 1,364 sqft of comfort and convenience. Perfect as a full-time residence or a short-term rental opportunity (60k in projected revenue!), this home is located only a short walk from Shagbark's community amenities, including a clubhouse, pool, tennis courts, and 24/7 security. Inside, you'll find gleaming hardwood floors and a cozy wood-burning stove in the living room, all filled with great natural light. The kitchen features beautiful wooden cabinetry and overlooks the living area, while the adjacent dining room offers plenty of space to gather. All three bedrooms are on one level, including a spacious primary suite with a walk-in shower in the ensuite bath. The laundry room provides extra storage space. Relax on the screened-in porch overlooking the creek or soak in the hot tub on the back deck. The two-car carport and a storage shed are perfect for the car enthusiast in the family or could easily be converted into a game room and additional outdoor living area for the short term rental market investor in the family. Whether you're looking for a mountain getaway or a smart investment, this one checks all the boxes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017