708 N Shepherd Drive
About This Property
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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%.
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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.
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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 24, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by Century 21 Realty Partners | $475,000 | |
| Listed by Century 21 Realty Partners | |||
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This home offers it ALL! A great home in a gated community, the community has a pool, Lawrence Park is across the street, the Heights hike and bike trail also next door. This location just keeps getting better with the addition of the amenities just across the street. This David Weekly home offers a 3rd floor primary suite with a luxury master bath, separate shower and plentiful closet space. The main living area offers high ceilings and a desirable open floor plan. Beamed ceilings in the designed dining space and a great kitchen space with lots of counter and cabinet space. Secondary bedrooms or office space are located on the first and third floors. Located a couple of blocks from I-10 this home offers fast access to downtown the Washington Ave. corridor and Memorial Park. Walk to your favorite restaurants or jump on the trails and view this beautiful area. Washer, dryer and refrigerator are included in the sale.
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| Jan 30, 2019 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by Ryans Real Estate Brokers, LLC | $365,000 | |
| Listed by Ryans Real Estate Brokers, LLC | |||
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Built by David Weekly Homes in 2014 this well located interior Patio home offers style, location and easy living. Park Place in the Heights is a gated community located across the street from Lawrence Park (Basket Ball, Playground, fields) and the Heights hike and bike trail. This home has a first floor bedroom/study with full bath and walk-in closet The second floor is devoted to living with a half bath, kitchen with island seating, dining and living. Some of the design features include: High ceilings (beamed in the dining space), rich premium flooring, elegant lighting and window coverings. The master suite is located on the third floor and features vaulted beamed ceilings and luxury master bath with separate shower and abundant closet space. The third bedroom is also located on this level and features a private bath and closet. The laundry is also on this level. Your inquiries are welcome.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017