1259 Shelby Drive
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 |
|---|---|---|---|
| Mar 17, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | Listed by Elevations Real Estate, LLC | $995,000 | |
| Listed by Elevations Real Estate, LLC | |||
| Jun 11, 2007 | Sold | ||
| Sold | |||
| Jan 26, 2006 | Listed | $525,000 | |
| Listed | |||
| | |||
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Builder Incentive!!! Builder will make your house payment up to $2500 per month for 6 months.Great quality home built by KDR Custom Homes.Two story home with 4 bedrooms, great floor plan with formal dining area and large kitchen. Fireplace between living room and family room. Mammoth Master suite.
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| Aug 17, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017