209 Shetland Way
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Listed by Better Homes and Gardens Real Estate Registry | $765,000 | |
| Listed by Better Homes and Gardens Real Estate Registry | |||
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This stunning gated house offers a perfect blend of comfort and convenience, situated just a short walk from local shopping centers and various amenities. The upgraded kitchen comes complete with essential stainless steel appliances to include a refrigerator, dishwasher, stove, and microwave. The interior of the home boast ceiling fans and a whole house fan. For added convenience, the home features a central air conditioning and heating system controlled through the Nest App for optimal climate control. The flooring combines tile and wood for an elegant yet durable finish, making it suitable for both relaxing and entertaining. Complementing its many features, the property includes a two-car garage and washer and dryer hookups within the garage. Additionally, the location offers easy access to Camp Pendleton and major thoroughfares like the 76 and 15 freeways, making commuting a breeze. Whether you're heading to work or exploring the surrounding area, this homes strategic positioning meets both daily needs and lifestyle desires.
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| Mar 1, 2016 | Sold | ||
| Sold | |||
| Dec 2, 2015 | Listed by Homesmart Legends | $359,000 | |
| Listed by Homesmart Legends | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017