1 Shellback Way #1
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 |
|---|---|---|---|
| Jul 11, 2017 | Sold | ||
| Sold | |||
| Dec 2, 2016 | Listed by Monarch Realty Group, LLC | $309,900 | |
| Listed by Monarch Realty Group, LLC | |||
| | |||
|
Deer Crossing end unit with private driveway for several cars, this unit has beautiful hardwood floors on the first floor, maple cabinets and granite counter tops and a bright and sunny open floor plan. First floor master bedroom and bath. Living room has fireplace, cathedral ceilings and sliders to a lovely patio. 2nd floor has open loft, bedroom and bathroom. Walking distance to Mashpee Commons, South Cape Village and Deer Crossing Commercial where there are an abundance of shops, restaurants, banks, supermarkets and professional services. On site are a clubhouse, in-ground pool and tennis courts.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
2 Bed
|
2 Bath
|
1368 ft²
|
$525,000
2 Bed
2 Bath
1368 ft²
|
$500,000
-4.76%
11/22/2024
|
Catherine Johnson
William Raveis R.E. & Home Services
| |
|
07/09/2017
| |
2 Bed
|
4 Bath
|
1368 ft²
|
$309,900
2 Bed
4 Bath
1368 ft²
|
$297,000
-4.16%
07/11/2017
|
Joan Muse
|
|
12/02/2016
|
2 Bed
|
2 Bath
|
1368 ft²
|
$309,900
2 Bed
2 Bath
1368 ft²
|
$297,000
-4.16%
07/11/2017
|
Joan Muse
Real Estate Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017