6 Shady Terrace
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 |
|---|---|---|---|
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Dec 16, 2024 | Listed by Keller Williams Prosperity Realty | $765,000 | |
| Listed by Keller Williams Prosperity Realty | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | In contract | - | |
| In contract | |||
| Jul 13, 2023 | Listed by Weichert Realtors, Wayne | $425,000 | |
| Listed by Weichert Realtors, Wayne | |||
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OFFERS DUE 8PM 7/20. Packanack Lake treehouse dreams come to life here at 6 Shady Terrace. Set high up above the street with impeccable sunsets and seasonal lake views, this cape cod home if full of character and charm that is sure to impress. Entry foyer with slate floor reveals your first glimpse of the flawless knotty pine walls found almost throughout. Leaded glass door leads to the walk-out lower level with family room, utilities, powder room, and laundry. The 1st floor includes eat-in-kitchen with breakfast bar, living room with wood-burning fireplace, common full bath with tub shower, and 2 bedrooms (one of which with sliders to the spacious side deck). The 2nd floor has an immense Master bedroom with cathedral, beam-accented ceiling, his&her closets, and a skylight. The 4th bedroom and common full bath with stall shower completes this floor. Lovely hardwood floors will be found under the carpeting as well. Your serene, well-manicured property offers privacy and promise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017