742 N Shepherd Drive
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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 |
|---|---|---|---|
| Dec 28, 2020 | Sold | ||
| Sold | |||
| Nov 17, 2020 | Listed by Keller Williams Realty | $445,000 | |
| Listed by Keller Williams Realty | |||
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Available for immediate move in! A must see 3 beds/3.5 baths, 4th floor roof top terrace, in a gated community with a pool. Open concept living that features high ceilings, crown molding, chef's kitchen with walk in pantry and abounding natural light throughout. Washer, dryer and refrigerator included with approved lease. This beautiful home is located across street from Lawrence park (perfect for walking the dog), the new M-K-T Heights right next store, and the Heights hike and bike trail. Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017