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3530 SHADY DRIVE
About This Property
The main level features a spacious eat-in kitchen, hardwood flooring, and an updated living room filled with natural light from large Pella windows, anchored by a cozy gas fireplace. A wraparound deck and porch extend the living space outdoors; ideal for relaxing or entertaining while taking in the serene surroundings.
Enjoy all the benefits of Selby on the Bay, including access to water amenities, a beach, and a vibrant community atmosphere. Located within the South River school district, this home is an excellent opportunity for those seeking both value and lifestyle in a premier waterfront setting.
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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 9, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by TTR Sotheby's International Realty | $499,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Oct 18, 2017 | Sold | ||
| Sold | |||
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About Selby-on-the-Bay
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,850 /mo
- 3 Beds
- 3 Baths
- 1,692 ft²
$4,875 /mo
- 4 Beds
- 3 Baths
- 2,776 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017