1948 Shetland Drive
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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%.
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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 |
|---|---|---|---|
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Jan 28, 2022 | Listed by @properties | Christie's International Real Estate | $399,900 | |
| Listed by @properties | Christie's International Real Estate | |||
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This 3 bedroom, 2.1 bath home in coveted Scottdale subdivision is a show stopper! Spacious living room, light and bright dining room, nicely appointed kitchen with 42 inch cabinets, granite counters, stainless appliances, and perfect breakfast eat-in area. Comfortable family room with spectacular back yard views. Expansive primary en-suite with huge walk-in closet and custom organization system. Brand new primary bathroom with heated floors, double shower heads, extra deep soaker tub, and custom tile. This home backs up to Scottdale Park with beautiful views. Professionally landscaped yard with mature trees, fully fenced, outdoor shed for additional storage, patio with covered pergola. Lots of garage and attic storage. Close to everything--award winning schools, local parks, Morton Arboretum, shopping and more!
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| Mar 13, 2017 | Sold | ||
| Sold | |||
| Jan 10, 2017 | Listed by RE/MAX Professionals Select | $332,000 | |
| Listed by RE/MAX Professionals Select | |||
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About Wheaton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017