6826 Shining Sumac Ave
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Compass RE Texas, LLC - Houston | $270,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This charming one-story residence offers the perfect blend of comfort & potential, featuring 3 spacious bedrooms & 2 well-maintained bathrooms. Owned by the original owners, this home has been lovingly cared for over the years & is ready for a new chapter. While it retains its original charm, it provides a blank canvas for you to personalize & make your own. The open layout is both inviting and functional, providing ample space for everyday living and entertaining. The cozy living room flows seamlessly into the dining area, making family gatherings and dinners with friends a delight. The kitchen, is in excellent condition and fully functional, offering plenty of storage and counter space. Each bedroom is generously sized, providing a comfortable retreat at the end of the day. With a bit of imagination, this home can be transformed into your dream sanctuary, the possibilities are endless. Conveniently located near schools, parks, & shopping, this home offers both serenity & convenience.
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About Maple Trace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017