525 Shady Lane #D
About This Property
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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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Price Increased |
$420,000
↑ $16K
(4%) | |
| Price Increased | |||
| Sep 19, 2025 | Price Decreased |
$404,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 12, 2025 | Price Decreased |
$409,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2025
|
3 Bed
|
2 Bath
|
1280 ft²
|
$449,000
3 Bed
2 Bath
1280 ft²
|
$420,000
-6.46%
10/28/2025
|
Faris Stephan
IQ Realty & Lending
| |
|
02/16/2024
|
2 Bed
|
2 Bath
|
1088 ft²
|
$494,000
2 Bed
2 Bath
1088 ft²
|
-
-
|
Christopher Spade
Keller Williams SD Metro
| |
|
09/26/2012
|
3 Bed
|
2 Bath
|
1280 ft²
|
$115,000
3 Bed
2 Bath
1280 ft²
|
$118,800
+3.30%
03/07/2013
|
Paul Hervieux
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017