6
Map
57 Shank Drive
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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 7, 2025 | Listed by Southeast Texas 1st Realty | $5,500 | |
| Listed by Southeast Texas 1st Realty | |||
| Jun 10, 2025 | Listed | $7,000 | |
| Listed | |||
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Beautiful 1/4 acre lot in Rayburn Country in a cul-de-sac on a very quiet street! Property is just a golf cart ride away from the country club and just minutes to the boat ramps on Lake Sam Rayburn! Enjoy all the amenities of Rayburn Country including fine dining, Sammy Ray's, The Grind coffee shop, pickleball, swimming and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017