9919 Shimmering Lakes Drive
About This Property
Need amenities? We've got them:
24-hour security gate (because Amazon packages deserve protection too)
Resort-style pool & splash pad (summer survival kit included)
Fitness center (for when you feel guilty about skipping leg day)
Walking & biking trails (aka guilt-free dessert trails)
Oh, and the elementary school is close enough that you can walk, bike, or even ride a hoverboard there if you're feeling fancy.
All of this, priced to sell - because waiting for "someday" buyers isn't our style. Schedule your tour today before someone else snags it!
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Cap Rate Calculator
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 18, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by Birdsong Real Estate | $294,900 | |
| Listed by Birdsong Real Estate | |||
| Apr 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 13, 2026 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017