8 Shangri La Blvd
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 30, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed | $459,000 | |
| Listed | |||
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OFFER DEADLINE TUESDAY 9/3 at 11am. Light and bright three bedroom home offering a spacious interior and some water views of Glen Charlie Pond from deck. Freshly painted and new flooring throughout. This home is move-in ready! First floor offers an updated kitchen with granite, stainless appliances and slider to deck, large living room, two bedrooms and full bath. Lots of closets throughout home. The lower level offers a bedroom, family room and an office/den and utility room/bonus room with laundry and sliders to patio. New 3 bedroom septic to be installed prior to close - see attached site plan. Walk to new park/playground and access to pond.
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| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017