407 N Shepherd Hill Lane
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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%.
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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 |
|---|---|---|---|
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by Baird & Warner Real Estate - Algonquin | $257,000 | |
| Listed by Baird & Warner Real Estate - Algonquin | |||
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Tree lined dead end cul-de-sac street, across from golf course, great curb appeal with the new brick paver walkway. 3 Bedrooms 2 and half updated Bathrooms, extra Large 2 and half car Garage is 28'x 24' perfect for a golf cart and a large Fenced back yard with newer brick paver patios. Walk into a large Livingroom with hardwood floors adjacent to a large kitchen with center Island, pantry, updated light fixtures, new refrigerator. Large eating area overlooking a large fenced back yard steps from a beautiful brick paver patio. Take a few steps down into very large family room and entertaining room with a beautiful wood burning fireplace, steps from another brick paver patio for more entertaining space. Lower level also has the laundry room combined with a half bathroom for your convenience and your guest. Upstairs to 3 Bedrooms all with hardwood floors, master bedroom with en-suite bathroom with a separate shower and stylish soaking tub. Updated 2nd full bathroom across from large bedrooms with hardwood floors. You will not be disappointed with this home, large yard and the fantastic location.
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| Apr 14, 2017 | Sold | ||
| Sold | |||
| Jan 4, 2017 | Listed by Realty Executives Cornerstone | $224,900 | |
| Listed by Realty Executives Cornerstone | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017