16515 SHADY OAKS
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 |
|---|---|---|---|
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 22, 2018 | Listed | $709,000 | |
| Listed | |||
| | |||
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West End single story home on 2.54 acres of level, use-able land. Behind the gates of the coveted Shady Oaks community this Horse property has unlimited potential for expansion with many open areas of outdoor space. Already in place is a large patio, pool/spa, dog run, RV Parking with hook-ups and storage sheds. The home boasts an open floor plan with vaulted ceilings, large master suite with dual closets, dual vanities and large soaking tub. 4 bedrooms in total with 2.5 baths and separate laundry room. The manager has listed the unit size as 2613 square feet.
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| Jan 25, 2017 | Sold | ||
| Sold | |||
| Oct 1, 2016 | Listed by Century 21 Award | $709,000 | |
| Listed by Century 21 Award | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017