381 Shaw Road
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 |
|---|---|---|---|
| Feb 7, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | Listed by BHHS Verani Bedford | $50,000 | |
| Listed by BHHS Verani Bedford | |||
| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Listed by White Water Realty Group LLC | $69,900 | |
| Listed by White Water Realty Group LLC | |||
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This level 1 acre lot would make a great spot to build your beautiful new home! Repair the current 1977 3 bedroom 2 bath manufactured home if desired. This property is located around the corner from Sandogardy pond, and just 5 minutes to exit 19 & 20 for dining, shopping, and an easy commute. The property currently has a dug well and septic in place. Property is being sold as-is. Can be sold with abutting lots 9 & 9A for a total of 6.2 acres.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017