8219 Red Shiner Way
About This Property
The open layout includes a two-story entry and a gourmet kitchen with ample prep space, stainless appliances, and custom cabinetry. The first-floor master suite overlooks the pool and greenbelt and offers a spa-style bath and custom closet system.
Enjoy outdoor living with a sparkling pool, tanning ledge, waterfall feature, covered patio, and a large balcony with peaceful creek views.
HOA covers front yard landscaping for low-maintenance living. Pool. Privacy. Greenbelt views.
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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 |
|---|---|---|---|
| Jun 27, 2026 | No longer available | - | |
| No longer available | |||
| May 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Feb 26, 2026 | Listed by eXp Realty LLC | $625,000 | |
| Listed by eXp Realty LLC | |||
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017