876 SHORE ACRES ROAD
About This Property
** With 2 offices, a living room, and 2 family rooms you'll have plenty of space to spread out!
** KITCHEN & BATHS: Beautifully renovated kitchen features stainless appliances, soft-close cabinetry, farmhouse sink, and expansive 8' island. Open floor plan connects eat-in kitchen to formal dining area. All 3.5 baths updated (2020) with ceramic tile.
** SYSTEMS & UPDATES: Dual-zone propane heat (one updated in 2020) and central A/C (2020). Major upgrades in th last 6 years include architectural roof, windows, water conditioning system, new septic drainfield, new IV water filtration system, 3 sliding doors, garage door, paved driveway, fascia/soffit/gutters, and 90% plumbing replacement. Two wood-burning fireplaces professionally serviced with 20-year warranty Heat Shield (2020). Oversized 2-car garage. Fresh paint and new carpet throughout (2026).
** COMMUNITY: Volunteer association with private beach, kayak rack, boat ramp, clubhouse, basketball court, and playground. Move-in ready with modern updates!
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Cap Rate Calculator
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 18, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Price Decreased |
$724,900
↓ $100
(0%) | |
| Price Decreased | |||
| Feb 20, 2026 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jan 29, 2026 | Listed by Real Broker, LLC - Gaithersburg | $750,000 | |
| Listed by Real Broker, LLC - Gaithersburg | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017