520 Shore 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 |
|---|---|---|---|
| Nov 11, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$370,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$389,999
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by Coldwell Banker Realty | $399,999 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to your perfect getaway! This beautifully updated single-family home offers the ideal blend of lakeside living, modern comfort, and breathtaking natural surroundings. Located in a desirable lake community, this home features lake rights for boating, fishing, and swimming, plus stunning mountain views and tranquil lake vistas from the inviting front porch. Step inside to an open-concept layout with soaring vaulted ceilings and abundant natural light. The show-stopping kitchen is a chef’s dream, featuring white shaker cabinets, quartz countertops, stainless steel appliances, and a large entertainer’s center island—perfect for gatherings and casual meals alike. Recent updates include luxury vinyl plank flooring, recessed lighting throughout, a newer roof, newer siding, and newer windows—making this a truly turnkey home. The partially fenced backyard offers privacy and room to relax, while the front porch provides the perfect perch to take in the views. Whether you're searching for a year-round residence, a weekend escape, or an investment opportunity, this charming bungalow has it all. Enjoy the best of lake and mountain living—schedule your private tour
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017