11128 Shiner Avenue
About This Property
French doors from the dining area open to the backyard, complete with an updated rock wall, garden bed, and shade-providing tree.
A converted garage living space with bay windows and French doors, adding versatility to your living arrangements. Outside, stairs lead to a potential independent living area with plumbing and electricity, offering even more possibilities. Fridge conveys. Buyer to confirm all work done.
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Relisted | $213,000 | |
| Relisted | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017