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9 Shipyard Lane
About This Property
Main floor open concept kitchen with maple cabinets and granite countertops, den and dining room with water views provides the perfect atmosphere for relaxation and entertainment. The den walks out onto patio built in gas powered grill overlooking harbor and in-ground pool. 3 bedrooms and additional 2 living areas create plenty of space for multiple options of indoor use. Make your way upstairs to an oversized second-floor landing leading to the primary bedroom suite featuring a full bath and walk-in closet. Two additional rooms including one with its own water view could be used as bedrooms or flex space. The thoughtfully designed layout provides comfortable living spaces with plenty of room for family, guests, and entertaining.
Privacy abounds in the backyard, where a spacious patio overlooks a pond, the harbor and an in-ground pool with patio creates the perfect setting for outdoor enjoyment. A full walkout basement, complete with a kitchen and full bath, offers flexible additional living space, recreation, guest accommodation, or extended household possibilities, along with abundant storage.
Impressive curb appeal welcomes you with a paver walkway, driveway apron, and Belgian block borders. newly sealed driveway, custom Stainless steel with mahogany railing on deck, Cedar siding, updated windows, a second-story addition, and roof were all updated approximately 20 years ago. A unique opportunity to enjoy Post Modern style, water views, easy water access one house away in cul de sac, privacy, and versatile living space in a sought-after setting.
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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%.
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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.
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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by Douglas Elliman Real Estate | $1,599,999 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017