7639 Shavano Lane
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 |
|---|---|---|---|
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by HomeSmart Fine Properties | $314,900 | |
| Listed by HomeSmart Fine Properties | |||
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A lovely 2-story home located in Cypress is now showing! Enjoy a spacious open floorplan for relaxing or entertaining. A charming dining room rests to the right of the entry. It accesses a spacious kitchen bathed in neutral tones and plenty of natural light from a large kitchen window. You'll love the counter space and stainless steel appliances! The kitchen opens to a breakfast room under recessed lighting. This open floor plan includes a comfortably sized living room with a gas log fireplace. A relaxing 1st-floor primary bedroom suite includes a cozy window seat and plenty of space to move around. The bath includes dual sinks, a soaking tub, and a separate shower. Head upstairs to enjoy a loft above the primary bedroom, perfect for a study. A huge game room with tons of natural light is perfectly situated near 3 secondary bedrooms and 2 additional baths. You'll love the backyard and large covered patio! Close to the community pool and park, shopping, and acclaimed Cy-Fair Schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017