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987 SHASTA ROAD
About This Property
The kitchen features granite countertops and opens to the main living area, making it easy to stay connected with family and guests. The spacious primary suite includes double closets for plenty of storage.
Step outside and enjoy the Florida lifestyle with a screened-in lanai and in-ground pool overlooking a peaceful lake. Whether you're enjoying your morning coffee, taking a swim, or entertaining friends and family, this backyard offers a relaxing setting you'll love coming home to.
Recent updates include a 2022 roof, 2019 electrical panel, 2016 A/C, and newer hot water tank. The attached 2-car garage provides added convenience and storage.
And the location is hard to beat-just minutes from several beautiful Venice beaches, with shopping, dining, and everything Venice has to offer nearby. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this home delivers the relaxed Florida lifestyle you've been waiting for. Interior photos coming soon.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Listed by PATRIOTIC REAL ESTATE | $410,000 | |
| Listed by PATRIOTIC REAL ESTATE | |||
| Feb 4, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017