642 Shetland Trace
About This Property
gourmet kitchen, huge dining room, a large great room with a soaring stacked stone fireplace with cathedral ceiling, a large master suite, huge
screened porch with Easy Breeze windows and fireplace, a large private guest suite with a full bath, and a 2-car garage plus an immense
insulated 6+ car garage that has a large workshop area...A CAR ENTHUSIAST or WOOD CRAFTSMAN'S DREAM! There is also an area that can be made into a large home theater. The home has lots of parking, huge decks with great views of the Big Canoe mountains.
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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 3, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by Harry Norman Realtors | $869,000 | |
| Listed by Harry Norman Realtors | |||
| Feb 10, 2019 | No longer available | - | |
| No longer available | |||
| Apr 18, 2018 | Listed by HARRY NORMAN REALTORS | $849,000 | |
| Listed by HARRY NORMAN REALTORS | |||
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CUSTOM ARCHITECT/BUILDER’S PRIVATE HOME, COMPLETELY REBUILT IN 2004 with a large custom addition. The addition includes a gourmet kitchen, huge dining room, a large great room with soaring stacked stone fireplace with cathedral ceiling, large master suite, huge screened porch with Easy Breeze windows and fireplace, a large private guest suite with full bath and a 2-car garage plus an immense insulated 6+ car garage (A CAR COLLECTORS DREAM) that also has a large workshop area. The home has lots of parking, huge decks with great views of the Big Canoe mountains. The manager has listed the unit size as 5990 square feet.
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| Apr 30, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017