3223 Shepherd 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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by Keller Williams Realty World Class | $1,050,000 | |
| Listed by Keller Williams Realty World Class | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 12, 2021 | Listed by RE/MAX Gold Coast REALTORS | $825,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
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This home is a great value. a beautiful suburban neighborhood. 4 Bedrooms 3 baths and an extra room that can be office or workout room or play area upstairs. The balcony is enclosed. One bedroom/bath downstairs. This home has all new paint inside, new base boards, new Carpet, Laminate flooring and upgraded fixtures in the bathrooms and Granite in the Kitchen & bathrooms. Covered Patio and large yard. New forced air heater. RV parking behind Gate. Close to shopping, Library, schools, banks and much more. The manager has listed the unit size as 2529 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017