2374 NE Shenandoah Road
About This Property
Home has appraised and passed all inspections.
New Lower Price! Neat and clean ready to move in! This three bedroom two bath home has a Florida room and Large fenced yard. Close to Melbourne just off of US 1, easy location. Vaulted ceilings in the living room give room a large feel, extra family room / Florida room gives this home more living space.
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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 |
|---|---|---|---|
| Feb 25, 2015 | Sold | ||
| Sold | |||
| Aug 12, 2014 | Listed by One Sotheby's International | $64,500 | |
| Listed by One Sotheby's International | |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
| Jun 6, 2014 | Listed by Coldwell Banker Realty | $49,900 | |
| Listed by Coldwell Banker Realty | |||
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Lots of potential for the investor or handyman! Needs TLC!
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About Fairview
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017