1178 SHETLAND Drive
About This Property
The wood-look tile flooring throughout the main areas adds warmth and durability, while the custom closets in the primary suite provide a perfect touch of luxury. Step outside to your screened lanai and take in the serene pond views-the ideal spot for morning coffee or evening relaxation.
Located within walking distance to sports fields, a small shopping center and a K-8 school, this home offers both convenience and an unbeatable lifestyle. Built in 2019, with all major systems just 6 years old and the builders structural warranty still in place, you can enjoy peace of mind for years to come.
Come see this home today!
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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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $450,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $375,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017