5375 SHEN Avenue
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 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 4, 2025 | Price Decreased |
$285,000
↓ $25K
(8.1%) | |
| Price Decreased | |||
| Feb 17, 2025 | Listed by HERRON REAL ESTATE LLC | $310,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| | |||
|
This beautifully refinished home offers modern upgrades and timeless charm. Step inside to an open-concept floor plan featuring new flooring, fresh paint, and stylish finishes throughout.
A re-brace of the foundation was completed by the sellers licensed contractor at the time of remodel. Buyer will benefit from the New Roof, New HVAC, New Water along with a 3 year warranty on the brand new LVP flooring throughout the home.
Sellers preferred lender will offer 1% of loan amount towards buyers closing cost assistance or rate buy-down.
| |||
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017