49 Shaw Drive
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Douglas Elliman Real Estate | $829,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Live Your Best Life In This Charming 4 Bedroom, 2 Bathroom Cape In The Sought After Wenshaw Park Community! Upon Entering This Beautiful Home, You Will Be Greeted With A Sundrenched Living Room Furnished With A Wood Burning Fireplace Exuding Warmth & Charm Followed By A Formal Dining Room & Eat-In-Kitchen With Beautiful Natural Wood Shaker Cabinets, Granite Countertops, SS Appliances & Sliders To A Generous Deck With An Oversized Serene Backyard. First Floor Also Includes A Private Bedroom & Bathroom With A Pocket Door For Extra Privacy. Second Level Offers 3 Generous Sized Bedrooms & Full Bath. Quiet Street. Mid Block Location. Laundry Room On Main Level Off Of Kitchen. Mud Room. Wood Floors Throughout. PVC Fencing. Inground Sprinklers. New Boiler. Young Roof. Gas Cooking & Heating. Close To Transportation, Shopping, Beaches, Houses of Worship & So Much More!
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| Jun 23, 2015 | Sold | ||
| Sold | |||
| Feb 10, 2015 | Listed by Douglas Elliman Real Estate | $529,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About North Merrick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017