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9101 Shoppe Road
About This Property
Per the new survey, this expansive property offers over an acre of opportunity to build your dream home. The land features a spacious cleared area with mature trees, creating the perfect balance of open space and natural privacy. All utilities are available, making it ready for immediate use and development. Enjoy the peace and quiet of a private setting while being just minutes from schools, shopping, dining, and major highways. This rare find combines usability, convenience, and location in one ideal tract.
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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 2, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by General Property & Services | $199,000 | |
| Listed by General Property & Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017