1509 Shire Drive
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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 6, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by Coldwell Banker Realty Frisco | $394,900 | |
| Listed by Coldwell Banker Realty Frisco | |||
| | |||
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Sellers are very motivated! This beautiful Highland Home with high ceilings is located near the Green Belt that leads directly to the new elementary school. You will enjoy walking through this lush Green Belt that brings nature closer to you for your enjoyment.
This open floor plan integrates a beautiful kitchen, an eating area and an ample living space for a modern lifestyle. The kitchen is equipped with SS appliances and a large island providing ample space for eating and entertaining. The bay window in the eating area boasts additional charm, beauty and extra sitting when hosting family and friends gatherings. The owners retreat is composed of a bath tub for the owners relaxation, a separate shower and separate vanities. The private and covered patio offers another living space for enjoyment. This home is an owners pride property nestled in this amazing community with a club house to host social events for all ages, a fitness center, a gigantic tree house, walking and bike paths.
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| Sep 25, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Highland Homes Realty | $288,000 | |
| Listed by Highland Homes Realty | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14347436
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017