7116 Shady Oaks 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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Keller Williams Realty Lone Star | $255,000 | |
| Listed by Keller Williams Realty Lone Star | |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Dec 9, 2021 | Listed by Weichert, Realtors - The Eastland Group | $239,900 | |
| Listed by Weichert, Realtors - The Eastland Group | |||
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This well maintained and loved home is situated on a corner lot, tucked away in seclusion and surrounded by trees in a convenient and established neighborhood. Quick access to Highways 6, 84 and I-35, located near major hospitals and shopping, and centrally located to anywhere you need to be. Formal living and dining combo up front, plus a den concept with wood-burning fireplace, adjacent and partially open to the kitchen. The kitchen and home features natural gas for all the chef's out there, original hard-wood flooring, security system and sprinkler system in the front. The manager has listed the unit size as 1886 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017