8135 Red Shiner Way
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 16, 2026 | Listed by Keller Williams Signature | $359,895 | |
| Listed by Keller Williams Signature | |||
| Sep 11, 2025 | Listed by Keller Williams Signature | $357,500 | |
| Listed by Keller Williams Signature | |||
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This one-story Oakshire II by Smith Douglas Homes in Fulshear Lakes features 4 bedrooms, 2 baths, and a private study with French doors. The primary suite boasts a tray ceiling with crown molding and a spa-like bath with a walk-in shower and separate garden tub. An open-concept design connects the kitchen—complete with granite countertops, a large island, and pendant lighting—to the family and dining areas. Durable vinyl plank flooring extends throughout the main living spaces, study, utility, and baths. This home is on a homesite with no back neighbors, and backs to the reserve and Bessie's Creek. Additional highlights include a rear covered patio, sprinkler system, and fully sodded front and backyard. AVAILABLE DECEMBER!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017