6820 SHEPARD MESA Road
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 18, 2019 | No longer available | - | |
| No longer available | |||
| Jan 16, 2019 | Sold | ||
| Sold | |||
| Oct 20, 2018 | Listed | $2,295,000 | |
| Listed | |||
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At the top of an oak- lined lane rests this private contemporary retreat. A custom manzanita wood door opens to reveal a two-story wall of glass framing dramatic ocean, island, sunset & valley views. Airy public spaces & an open floor plan create a tranquil environment. Vistas from most rooms of the home. LR & adjoining FR boast 2 fireplaces & built-in wet bar. Sliding glass doors lead to a wrap- around view terrace situated above the treetops. The chef's kitchen features high-end appliances, gorgeous cabinetry, breakfast bar, & an informal dining area. Large master bedroom replete w/ views, sliding glass doors to the terrace, fireplace, ample walk-in closet & bathroom w/ a picture window to greenbelt vistas of the adjacent 13 acres of woodland. 2 generous upstairs guest The manager has listed the unit size as 3004 square feet.
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| Jun 26, 2018 | Listed by Compass | $2,295,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017