8318 Shadow Wind Drive
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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%.
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Listed by Village Property Advisors | $230,000 | |
| Listed by Village Property Advisors | |||
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***Charming Patio Home*** 1-story home offers seclusion & privacy in an ideal location w/ easy access to Hwy 290 & Bltwy 8. Amenities incl: Roof w/ 30-yr shingles & warranty (2024), Trane 14-SEER heat pump system (2020), energy efficient double pane windows (2011), brick & Hardie board, & plank-style engineered wood flooring. Home is being sold "as is" & is ready for a new family to customize & add its personal touches to make it their own. Versatile dining rm could be "repurposed" for 2nd living, study/office, or child's playroom. Family rm w/ high ceiling, wood-burning FP. Lots of natural light! Kitchen w/ electric range, DW, refrigerator, breakfast bar, & pantry. Owner's suite w/ lighted, walk-in closet, single sink, tub shower. Split bdrm floorplan. 2 secondary bdrms w/ lighted walk-in closets. Indoor utility area. Garage door opener. 2-car carport w/ extensive storage closet w/ 2nd refrigerator. Enjoy neighborhood pool & tennis. Close to CyFair schools, shopping, restaurants, ETC!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017