438 Shipman Road
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%.
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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 |
|---|---|---|---|
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Big Bear Real Estate | $449,900 | |
| Listed by Big Bear Real Estate | |||
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WOW, WOW, WOW! You will be amazed at the views and the seclusion of this property. Nearly a 50/50 mix of a beautiful field and a section of wooded area. This home consists of 3 bedrooms that are generous in size. Also consists of 3 bathrooms 1 full and 2 3/4 baths. It has a 1 car garage that enters into a 12x7 entryway which leads to a room that can be an office, workout room or just storage. Up the stairs now to where you enter into the dinning room/kitchen area with a cathedral ceiling. One bedroom is on the first floor and the other 2 are upstairs. Now on cold winter nights you have the choice of 2 different woodstoves or to throw a log in the fireplace. Forgot to mention that this chimney has 5 flues. Enough of me talking, tell me what you think???
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| Jan 16, 2017 | Sold | ||
| Sold | |||
| Jul 12, 2016 | Listed by www.HomeZu.com | $299,900 | |
| Listed by www.HomeZu.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017