8037 Shantung 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 |
|---|---|---|---|
| Aug 28, 2015 | Sold | ||
| Sold | |||
| Jul 15, 2015 | Listed by Century 21 Award | $499,900 | |
| Listed by Century 21 Award | |||
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Spectacular Renovated 4 bed home with EXTRA Room! Open concept, renovated granite kitchen with island! French Door Fridge with bottom freezer Included! New Central AC and New whole house attic fan. LARGE Master Bed! New electrical panel 200 amp and Life Time Warranty Exterior Paint! New bathroom vanity, stand up shower and garage epoxy floor. Private Backyard has newly poured patio. Excellent for entertaining! Looking for RV parking? Generous parking for cars, toys or RV! Washer/Dryer INCLUDED! Neighborhoods: West Santee Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
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| Nov 28, 2012 | Sold | ||
| Sold | |||
| Oct 8, 2012 | Listed by CHW Realty & Lending | $379,000 | |
| Listed by CHW Realty & Lending | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017