374 Shetland Trace
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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Listed by Hester Group, REALTORS | $549,000 | |
| Listed by Hester Group, REALTORS | |||
| | |||
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Welcome to this charming, one-owner-owned log cabin that offers the perfect blend of rustic character and modern convenience. Thoughtfully maintained over the years, this home is designed for easy main-level living and is ready to create new memories for its next owners. Greeted by the striking tortoise glass front door, you'll step into an inviting open-concept living space featuring warm wood walls, exposed beams, and large picture windows that flood the space with natural light. The wood-burning fireplace takes center stage in the living area, adding both warmth and charm to the heart of the home. The spacious layout includes a generous kitchen with a newer refrigerator and custom, hand-crafted backsplash tiles by a talented NC artist. A cozy loft above provides additional living, sleeping or workspace, while a flex room and ample storage options are located on the lower level, offering endless possibilities to suit your needs. The outdoor living spaces are just as inviting, with a large, screened porch and an open deck with steps leading to a flat, expansive backyard-perfect for enjoying the outdoors. The oversized 2-car garage features new doors and has ample room for a work area. Recent updates include a new roof, chimney cap, fireplace firewall, screened porch screening, and more! ensuring peace of mind for years to come. Just two minutes to the main gate and a short drive to Big Canoe's amenities, this home is ideally located to enjoy both privacy and convenience. This cabin has been a place of cherished memories for the current owners-now it's time for you to make it your own! *Buyer to verify all information and dimensions deemed important.
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| Aug 30, 2025 | Price Decreased |
$549,000
↓ $26K
(4.5%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by Hester Group REALTORS | $575,000 | |
| Listed by Hester Group REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017