1177 Shelby Lane
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 |
|---|---|---|---|
| May 13, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by KELLER WILLIAMS REALTY | $785,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
| | |||
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Future commercial property and residential area close to upcoming Legacy Drive and Dallas North Tollway extension. No current zoning on this property. Price is for the LAND ONLY. Two mobile homes and barns will be moved prior to closing but are negotiable. A water line across the street is going in for commercial use.
| |||
| Aug 16, 2020 | No longer available | - | |
| No longer available | |||
| Jan 18, 2020 | Listed | $785,000 | |
| Listed | |||
| | |||
|
Future Commercial property and residential area close to upcoming Legacy Drive and Dallas North Tollway extensions. No current zoning on the property. Price is for the LAND ONLY. Two mobile homes and barns will be moved prior to closing but are negotiable.
| |||
| Nov 8, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Denton
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Currently no similar homes aroundNearby Rentals
$1,995 /mo
- 4 Beds
- 2 Baths
- 2,062 ft²
$3,600 /mo
- 4 Beds
- 3 Baths
- 2,955 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017