407 Shining Rock Drive Lot 21
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Relisted | $899,900 | |
| Relisted | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Listed | $899,900 | |
| Listed | |||
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Welcome to this impeccably maintained 11 room 6 bedroom, 2 1/2 bath Colonial-style home on Shining Rock Golf Course! This elegant home boasts classic charm with many updates, offering a spacious and versatile layout perfect for modern living and entertaining. Step inside to find beautiful hardwood floors throughout. The center-island kitchen with dining area flows seamlessly into the cozy fireplaced family room. Upstairs the primary suite offers a serene retreat with an en-suite bath and 2 walk-in California closets. Completing this floor are 3 additional bedrooms and a full bath. The lower level features 2 additional bedrooms and a walk out game room to the lighted pool area with waterfall, patio, fire pit and picturesque views of the 3rd tee on the golf course. The attached 2 car garage features a work area and extra storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017