351 Sheila Lane
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 |
|---|---|---|---|
| Apr 16, 2026 | Price Increased |
$1,325,000
↑ $45K
(3.5%) | |
| Price Increased | |||
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Jan 1, 2026 | Listed by Sun and Sea Realty | $1,340,000 | |
| Listed by Sun and Sea Realty | |||
| | |||
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Seller to entertain offers between $1,325,000-$1,340,000. Escape to peaceful country living in this beautifully maintained ranch-style single level home 3 BD, 3 BA home and a 2-BD detached Guest home set on 2 acres of landscaped grounds with open space and stunning panoramic views. The home features a sparkling in-ground pool, surrounded by mature trees, lush lawns, and thoughtfully designed landscaping that enhances both privacy and curb appeal. Inside, you’ll find a warm and inviting single-level layout with extra-large bedrooms and other spacious living areas, tons of storage space, natural hardwood floors, open and spacious kitchen, walk-in pantry, large windows framing scenic vistas, and modern comforts blended with timeless country charm. This home flows seamlessly to outdoor entertaining areas, perfect for gatherings or quiet evenings under the stars. With ample usable land, there’s plenty of room for gardening, animals, hobbies, or future expansion—ideal for those seeking both comfort and potential. This gorgeous home has great bones and just needs your touches to make it your own so whether you’re looking for a serene full-time residence or a weekend retreat, this country ranch offers the perfect balance of rural tranquility and modern convenience. Amenities: Workshop with 240V, chicken coop, greenhouse, detached workshop/storage, gazebos, Private entry gate, several fruit trees, garden walking area
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| Nov 21, 2025 | Price Decreased |
$1,340,000
↓ $10K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017