508 GEORGETOWN SHORTCUT Road
About This Property
Whether you dream of raising chickens, keeping goats, bringing your horses, cultivating a thriving garden, or simply enjoying the sights and sounds of nature from your own private sanctuary, this property provides the space and flexibility to make it happen.
Spend your mornings sipping coffee while listening to birdsong, your afternoons tending the garden, and your evenings watching breathtaking sunsets beneath star-filled skies. With room to expand, create, and grow, this is more than just a property--it's an opportunity to embrace a simpler, more fulfilling way of life.
Quiet. Peaceful. Private. Full of potential. Bring your vision and make this extraordinary country retreat your own.
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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 27, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Listed by UNITED REAL ESTATE GALLERY | $250,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017