32
Map
704 SHIPTON ROAD
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Patterson-Schwartz-Newark | $475,000 | |
| Listed by Patterson-Schwartz-Newark | |||
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Welcome to 704 Shipton Road! As you enter the 2 story foyer you'll notice the beautiful Brazilian hardwood floors that continue throughout the main floor. The living and dining rooms flow into each other for easy entertaining. The stylish kitchen has white cabinets, quartz counters and a gorgeous tile backsplash. The family room is spacious and bright and leads into the sunroom addition. Upstairs you'll find a large primary suite with walk-in closet and private bath with double sinks, shower and separate tub. The other 3 spacious bedrooms share the updated hall bath with marble counter and subway tiled shower. Three of the bedrooms have new carpet and the fourth has a handscraped wood floor. The laundry is also conveniently on the second floor. Combine this with a large basement just waiting for your finishing touches, an engineered wood deck and a 2 car garage and this is the one you've been waiting for! HVAC replaced in 2019, HWH 2023, custom blinds in all rooms. Don't miss thus one!
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| Mar 9, 2007 | Sold | ||
| Sold | |||
| Jul 21, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017