101 SHELL Road #208
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%.
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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 |
|---|---|---|---|
| Apr 24, 2013 | Sold | ||
| Sold | |||
| Feb 6, 2013 | Listed by David Lyng Real Estate | $515,000 | |
| Listed by David Lyng Real Estate | |||
| | |||
|
Oceanfront condo with ramp access from parking lot.Ground level with sand dune view & peek of blue water. Private beach access & on-property beach trail for those who do not wish to use stairs. Kitchen has been remodeled and moved to the front for more living space. Murphy bed in 2nd BDR. Many built-ins. May be vacation/long term rental primary home or keep as private beach home. Owner's pets OK.
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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 |
|---|---|---|---|---|---|---|---|
|
03/17/2021
| |
3 Bed
|
2 Bath
|
1370 ft²
|
$1,100,000
3 Bed
2 Bath
1370 ft²
|
-
-
|
-
|
|
04/23/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$765,000
2 Bed
2 Bath
1052 ft²
|
$745,000
-2.61%
09/21/2018
|
Keith Levine
Keith Levine, Realtor
| |
|
02/06/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$515,000
2 Bed
2 Bath
1100 ft²
|
$495,000
-3.88%
04/24/2013
|
Gail Cruse
Sotheby's International Realty
| |
|
09/07/2012
|
2 Bed
|
2 Bath
|
1400 ft²
|
$679,000
2 Bed
2 Bath
1400 ft²
|
$640,000
-5.74%
12/21/2012
|
Gail Cruse
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017