908 Shenandoah Drive
About This Property
Abundant natural light floods the home through expansive windows, highlighting the open and inviting layout that's perfect for both relaxed daily living and memorable gatherings by the water.
The gourmet kitchen is a chef's dream, featuring premium appliances including dual ovens, generous counter space, and an ideal setup for preparing meals while enjoying the beautiful water views.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Decreased |
$1,249,999
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$1,299,999
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Apr 11, 2026 | Listed by New Jersey Realty | $1,350,000 | |
| Listed by New Jersey Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
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$4,700 /mo
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$2,500 /mo
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Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22609831
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017