6822 Shallow River Court
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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by RE/MAX Northwest, REALTORS | $229,900 | |
| Listed by RE/MAX Northwest, REALTORS | |||
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Gorgeous 3/4 bedroom home in the heart of Spring! Fresh interior paint and recent flooring throughout! Recent roof! Spacious living room with tray ceiling open to the kitchen! Kitchen featuring stainless appliances and a breakfast bar overlooking the living room! Study with french doors and a closet, could easily be used as a 4th bedroom! This home has it all! Many recent updates including refinished/painted cabinets, laminate flooring in both bathrooms, and so much more! XL Primary suite featuring a tray ceiling and walk-in closet! Primary bath with dual sinks, garden tub, and separate shower! Don't miss out on this one! It won't last long!
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About Spring Terrace
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$2,178 /mo
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$1,999 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017