9877 W Shore Drive
About This Property
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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 |
|---|---|---|---|
| Apr 14, 2021 | Sold | ||
| Sold | |||
| Dec 15, 2020 | Listed by Creighton Realty Partners, LLC | $860,000 | |
| Listed by Creighton Realty Partners, LLC | |||
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This home was taken down to the frame and completely rebuilt to twice the original square footage,in 2007.No expense spared.Cabinetry wood from Africa,granite from Brazil,heatilator fireplaces throughout,stacked stone,queen brick,full house water softener,3 A/C units...all the finer things.A structural fortress featuring double hurricane roof clips,steel support beams in walls,steel plates over windows/doors,added insulation and decking,steel doors,double-pane windows,and much more.With 4 living areas and hundreds of square feet of outdoor living space,all wired for sound,this home is perfect for the largest gatherings of family and friends.The cook in the family will love the spacious kitchen that is right in the heart of the home with great views of everything happening inside and outside.Large guest/MIL suite w/private entrance.On a pristine sunset-facing open water lot in a friendly well-established neighborhood.NO winter storm damage!Here is your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017