351 Shoemaker 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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Willis Allen Real Estate | $1,695,000 | |
| Listed by Willis Allen Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2025
| |
2 Bed
|
2 Bath
|
1339 ft²
|
$1,695,000
2 Bed
2 Bath
1339 ft²
|
$1,692,000
-0.18%
06/13/2025
|
Neil Cambra
Willis Allen Real Estate
|
|
08/03/2018
| |
2 Bed
|
2 Bath
|
1604 ft²
|
$1,389,500
2 Bed
2 Bath
1604 ft²
|
$1,325,000
-4.64%
11/26/2018
|
Pilar Meza
Pacific Sotheby's Int'l Realty
|
|
05/01/2014
| |
2 Bed
|
2 Bath
|
1604 ft²
|
$963,500
2 Bed
2 Bath
1604 ft²
|
$949,000
-1.50%
07/10/2014
|
Mitch Mitchell
SoCal Premier Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017