LOT 1 Shining Rock Road
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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 |
|---|---|---|---|
| Feb 17, 2005 | Sold | ||
| Sold | |||
| Mar 29, 2004 | Listed by Coldwell Banker Residential Brokerage - New Homes | $564,900 | |
| Listed by Coldwell Banker Residential Brokerage - New Homes | |||
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3118 SF FAIRWAY 1 OPEN FLOOR PLAN INCLUDES 1ST FLR STUDY . GOURMET KITCHEN WITH GRANITE, DOUBLE WALL OVEN, OPT. SITTING ROOM OFF MBR. SUMPTOUS MASTER BATH. OPT. WALK UP ATTIC ALL THIS ON CHAMPIONSHIP SHINING ROCK GOLF COURSE. COME VISIT OUR DECORATED MODEL
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