41 Shannon Way #17
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 |
|---|---|---|---|
| Apr 6, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by RE/MAX Executive Realty | $556,995 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2025
|
2 Bed
|
2 Bath
|
1875 ft²
|
$699,000
2 Bed
2 Bath
1875 ft²
|
$689,500
-1.36%
11/14/2025
|
Derek Greene
The Greene Realty Group
| |
|
03/17/2022
|
2 Bed
|
3 Bath
|
2224 ft²
|
$609,900
2 Bed
3 Bath
2224 ft²
|
$609,000
-0.15%
05/23/2022
|
Judy Leonelli
Mendon Local Realty
| |
|
04/21/2021
|
2 Bed
|
3 Bath
|
2121 ft²
|
$584,999
2 Bed
3 Bath
2121 ft²
|
$585,000
+0.00%
09/02/2021
|
Jeannie Leombruno
RE/MAX Executive Realty
| |
|
02/04/2021
|
2 Bed
|
3 Bath
|
2121 ft²
|
$556,995
2 Bed
3 Bath
2121 ft²
|
$560,320
+0.60%
04/06/2021
|
Jeannie Leombruno
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017