57 Shagbark Rd
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Compass | $1,059,000 | |
| Listed by Compass | |||
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Welcome to 57 Shagbark Road, warm and sunny center entrance colonial on expansive level lot awaits a new owner. Main floor boasts front to back living room with gas fireplace, formal dining room, eat in kitchen, half bath and sunroom (wall heat/AC unit) to enjoy all the seasons New England has to offer. Upstairs, the second floor consists of five bedrooms, full bath and extra space for a home office. Hardwood floors throughout, LR, DR , entry hall and kitchen freshly painted, gas cooking, oversized attached two car garage with openers, and the partially finished LL makes a great playroom. Gas furnace replaced in the past six years, updated windows, solar HW system (panels owned) with gas backup, and new granite front steps welcome you to your new home. The three window boxes are the perfect place for your spring flowers to bloom. Located in great neighborhood in sought after Concord, convenient to commuter rail and major routes, sidewalks to Rideout Playground and W Concord Ctr.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017