405 Shady Crest Drive
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 21, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by Rayburn Realty Inc. | $675,000 | |
| Listed by Rayburn Realty Inc. | |||
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Sitting on over an acre lot with 416 feet of waterfront frontage, this custom-built home offers exceptional access to nature and recreation. Located next to the boat ramp, the property features 2,580 sq ft of living space, including 3 bedrooms, 2.5 baths, a two-car garage, sunroom, bonus room, and a 2,168 sq ft walkout basement. Built with R-30 insulation, metal I-beams, and 6-inch walls, it ensures energy efficiency and durability. Additional highlights include built-ins, an office, formal dining room, and a 3-year-old roof with low electric bills. The walkout basement offers potential for additional living space. Outside, enjoy a private dock, fish cleaning station, fire pit, sitting area with a swing, sprinkler system and two garden areas. The beautiful landscaping features camellias, roses, azaleas, pecan trees, muscadines, and blackberries. Located on one of America's top bass fishing lakes and in the Fairmount area w/access to a cafe, lumber and hardware store and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017