336 Shellstone Road
About This Property
The main level features a formal dining area and an open living room with soaring cathedral ceilings and a cozy woodstove, creating a warm and inviting focal point. Adjacent, the modern kitchen is equipped with KitchenAid stainless steel appliances, leathered granite countertops, and ample cabinet space for effortless organization. An additional space just off the kitchen provides the perfect breakfast nook or relaxed sitting area. The spacious primary suite serves as a private retreat, complete with a seating nook, walk-in closet, and a luxurious bath featuring a soaking tub and tiled shower.
Upstairs, three generously sized bedrooms and a full bath provide comfortable accommodations for family or guests. The finished basement functions as an ideal in-law suite, offering two bedrooms, two full baths, a living area, and a fully equipped kitchen. With direct access to a covered deck overlooking the expansive backyard, this level provides privacy and versatility for extended stays or multi-generational living.
Outside, enjoy peaceful surroundings from the covered deck or gather around the firepit for memorable evenings under the stars--all set within the privacy of your own 4.5-acre retreat.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017