438 Shady Lane
About This Property
Situated on a generous lot in a sought-after neighborhood, this delightful Cape-style home offers comfort, functionality, and charm. Inside, you'll find three bedrooms, the 3rd bedroom can be a versatile bonus room on the second floor-ideally a 3rd bedroom, home office, or guest suite.
The kitchen is updated with newer countertops and sleek stainless steel appliances, while the interior showcases beautiful hardwood floors throughout, efficient gas heating, and central air conditioning for year-round comfort.
Step outside to enjoy a spacious, fully fenced yard, complete with new side deck-perfect for outdoor gatherings. Don't miss your chance to make this lovely home yours. Call today for more details or to schedule a private showing!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by Keller Williams Realty West Monmouth | $439,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017