3553 SHINER Drive
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | Price Decreased |
$315,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Jun 13, 2024 | Listed by HERRON REAL ESTATE LLC | $330,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| | |||
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DON'T MISS THIS RARE OPPORTUNITY! Seller offering a 1% concession with a full price offer—and that's just the beginning! Take advantage of an assumable mortgage with an unbeatable 2.87% rate! Act fast to secure this amazing deal and claim your place in the highly sought-after ALTA LAKES COMMUNITY!
This gently used, 3-bedroom home has been meticulously maintained and boasts modern upgrades, including new laminate flooring. The fenced backyard with an extended patio offers serene pond views, perfect for entertaining or relaxing. Alta Lakes offers top-tier community amenities, and this home's location ensures quick access to shopping, dining, and major highways. Homes like this don't stay on the market long—especially with an assumable rate this low. Schedule your showing TODAY!
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| Aug 5, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017