3221 SHETLAND Road
About This Property
Enjoy cozy evenings by the fireplace, and relish the comfort of a new refrigerated air system and energy-efficient windows. Dive into relaxation with a resurfaced pool and brand-new pool equipment, making it a perfect retreat for sunny Texas days.
Conveniently located near public transportation and the scenic Album Park, this home offers the best of both worlds - a tranquil neighborhood setting with easy access to urban amenities. Make 3221 Shetland your new address and experience the perfect blend of luxury, comfort, and convenience.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Cap Rate Real Estate Group | $337,000 | |
| Listed by Cap Rate Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017