8040 Shantung
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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 23, 2022 | No longer available | - | |
| No longer available | |||
| Jul 30, 2022 | In contract | - | |
| In contract | |||
| Jul 21, 2022 | Listed by Redfin Corporation | $849,000 | |
| Listed by Redfin Corporation | |||
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Charming home situated in sunny Santee! Enter the home to find an open floor plan with an abundance of natural lighting throughout. This single story stunner boasts: freshly painted exterior, an open kitchen with stainless steel appliances and crisp white cabinetry, new laminate flooring in the common areas, crown molding, modern bathroom vanities, and so much more! The property also has a spacious backyard with VIEWS to the North, as well as lemon, grapefruit, orange, fig and avocado trees, a garden bed, and space to add an outdoor dining area. The property is situated near the Big Rock Road trailhead for hiking up Cowles mountain, great restaurants, shopping, and has easy freeway access. Don't wait -- book a tour today! The manager has listed the unit size as 1232 square feet.
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| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 23, 2019 | Listed by Century 21 Award-Tem Redhawk | $549,900 | |
| Listed by Century 21 Award-Tem Redhawk | |||
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BEAUTIFUL REMODELED SINGLE STORY HOME WITH GREAT VIEWS! ENTERTAINING OFERS BETWEEN $549,900 TO $574,900. HERE IS A LIST OF ALL THE FEATURES AND REMODEL: BRAND NEW KITCHEN (APPLIANCES, CABINETS, COUNTERS, FLOORS), BRAND NEW FLOORING AND CARPET, BRAND NEW A/C WITH NEST THERMOSTAT, OPEN GREAT ROOM WITH TINTED WINDOWS (UV PROTECTED), CEILING FANS, NEWER VINYL WINDOWS, BOTH BATHROOMS COMPLETELY REMODELED, AMAZING VIEWS FROM THE BACKYARD AND MOUNTAIN VIEWS FROM FRONT YARD, TRAILER OR BOAT PARKING, 2 CAR ATTACHED GARAGE, BRAND NEW VINYL FENCE, NEWER STUCCO, BRAND NEW PLUMBING, SMOKE ALARMS IN ALL ROOMS, LOW COST/MAINTENANCE YARD, ALL IN A QUIET LOW TRAFFIC NEIGHBORHOOD. JUST 2 MILES FROM THE 52 FREEWAY AND CONNECTIONS TO THE 125 AND 8 FREEWAYS. .25 MILE TO BIG ROCK PARK. COWLS MOUNTAIN TRAIL HEAD LESS THAN 500 FEET FROM DRIVEWAY. THIS IS A MUST SEE HOME THAT WON'T LAST!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017