1000 Shell Avenue
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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 |
|---|---|---|---|
| Sep 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 15, 2026 | Listed by 360 Realty & Management | $235,000 | |
| Listed by 360 Realty & Management | |||
| Aug 9, 2026 | Listed by 360 Realty & Management | $235,000 | |
| Listed by 360 Realty & Management | |||
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Welcome to your next home in the heart of Downtown Cleveland, Texas! This inviting 3-bedroom, 2-bathroom residence is nestled in a peaceful neighborhood, offering the perfect blend of small-town charm and modern convenience. Whether you're commuting or exploring, you'll love the easy access to Hwy 59/I-69, Hwy 45, and SH 99, putting Conroe, New Caney, and The Woodlands just a short drive away. Need to catch a flight? Bush Intercontinental Airport is under 30 minutes away. Inside, you'll find a warm and functional layout, ideal for relaxing or entertaining. The home is just minutes from local schools, dining, and shopping, making everyday errands a breeze. With a motivated seller ready to make a deal, this is your chance to secure a great home in a growing community—don’t miss it!
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| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017