4789 Shimerville 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%.
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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$844,900
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Keller Williams Realty WNY | $864,900 | |
| Listed by Keller Williams Realty WNY | |||
| Jul 13, 2026 | Listed by HUNT Real Estate Corporation | $899,900 | |
| Listed by HUNT Real Estate Corporation | |||
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Welcome Home to this truly exceptional home on 2 private acres, set back 300 feet for unmatched privacy and a peaceful retreat, located in Clarence Central Schools and close to local amenities. This custom-built residence offers over 4,000 sq ft of living space, plus approximately 930 sq ft of finished basement with rear yard egress. Meticulously maintained and updated, the home includes a 2-story foyer with hardwood floors, formal living and dining rooms, den, and a spacious mudroom with separate entrance. The updated kitchen offers quartz countertops, gas cooktop, dual convection wall ovens, vented microwave, refinished cabinetry, and a bright morning room, opening to a dramatic family room with cathedral ceiling and stone fireplace. A 3-season room with new flooring and skylights leads to a pergola and scenic yard. Upstairs features 4–5 bedrooms, including a primary ensuite with fireplace, heated floors, and in-suite laundry, plus a loft/bonus area. Bathrooms are tastefully updated. Recent updates include new septic (2026), pending driveway resurfacing/sealing, and extensive electrical upgrades, including 12 solar panels for energy optimization. Additional highlights include 3 fireplaces with newer gas logs, chimney repointing with aluminum cover, 12 solar panels, whole-house water softener, fresh paint, extensive landscaping, and 3 private walking trails. Full updates sheet available
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| Jun 12, 2026 | Price Decreased |
$849,900
↓ $50K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017