53 Shannon Way #73
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 |
|---|---|---|---|
| Jul 26, 2022 | Sold | ||
| Sold | |||
| Nov 14, 2021 | Listed by Conway - Mansfield | $564,995 | |
| Listed by Conway - Mansfield | |||
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New Construction. Upton Ridge is an Active 55+ community located near Shining Rock Golf Course. This Florence is a single story, end unit home with an open floor plan and an inground basement with a bulkhead. It's the perfect home for entertaining with a beautiful kitchen, upgraded cabinets, and an oversized island. The Gathering Room overlooks a rear deck for relaxing and enjoying the outdoors. Convenient to Boston, Providence, N.H and with easy access to Rt. 9, 90, 495 and the commuter rail. Enjoy low maintenance living and a 10 year Warranty. Completion in May-Jul 2022.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/14/2021
|
2 Bed
|
2 Bath
|
1510 ft²
|
$564,995
2 Bed
2 Bath
1510 ft²
|
$564,995
07/26/2022
|
Paula Dickson-Rando
Conway - Mansfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017