1748 Shoreside Circle
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by Re/Max Direct | $579,900 | |
| Listed by Re/Max Direct | |||
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Most desirable floor plan in Wellington Lakes with 3 bedrooms + Loft w/ closet (could be 4th bedroom easily!). NEW 2020 Roof. Dramatic soaring ceilings greet and create that WOW factor! Floor to ceiling windows in great room w/ open staircase and upper railings provides the open concept living we all want! Custom stacked stone electric fireplace w/ LED remote is the perfect decorative touch. Adjacent dining room provides entertaining flow. Kitchen is updated NEW in 2022 w/ Quartz countertops, waterfall edge, counter height breakfast bar, new sleek black appliances and glass mosaic backsplash. Eat-in breakfast room is the perfect sanctuary to have morning coffee and watch the birds on the canal of Lake Wellington.
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| Apr 15, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2019 | Listed by The Keyes Company | $349,818 | |
| Listed by The Keyes Company | |||
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About Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017