735 Shiny Rock DR
About This Property
Step inside to new flooring throughout, tall baseboards, fresh trim, and new interior doors. The popcorn ceilings have been removed downstairs for a clean, modern look. The massive living room is the heart of the home, anchored by a fireplace converted to gas with a ceramic log set for easy, cozy evenings. The dining room sits just off the stairs, perfect for hosting.
The kitchen has been completely redone with tall cabinets plus a second row of upper cabinets for abundant storage, quartz countertops, a stylish backsplash, dimmable puck lighting, and a ceiling light with a built-in Bluetooth speaker. The downstairs half bath features refinished cabinetry and a new countertop.
Upstairs, all three bedrooms and two full baths are tucked away together. The primary bath has been fully remodeled with new flooring, tub and surround, vanity, toilet, light fixture, and a power vent with a built-in Bluetooth speaker. The secondary bath shines with refinished cabinets, quartz countertop, tile flooring, wainscoting, and new faucet, toilet, and light fixture.
Newer HVAC units and ceiling fans throughout add peace of mind. Thoughtfully updated on a lot this size, opportunities like this don't come along often!
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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 |
|---|---|---|---|
| Nov 5, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2026 | Listed by Coldwell Banker Realty | $395,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017