16 Shelley Road
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Coldwell Banker Realty - Belmont | $1,029,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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Welcome home to this well maintained 4 bedroom, 3 full bath raised ranch across from Poet's Corner. The first floor boasts a large, sun drenched living room with bay window overlooking the park and baseball fields, fireplace and soaring ceilings. The open concept dining room, connects to the living room and eat-in kitchen, and has direct access to a composite deck overlooking the yard. An ample sized primary bedroom with updated en-suite bath, two additional bedrooms and an updated family bath complete this level. Lower level features a sizable, walk out family room with fire place, oversized full bath with laundry, and fourth bedroom or office space. Direct access to two car garage with ample storage. Replacemen windows. Relax on your deck and enjoy the large, flat yard with mature plantings. Dallin School District. Enjoy the shops and restaurants of bustling Arlington, close proximity to public transportation and route 2/ all major routes. Easy access to Alewife, Cambridge and Boston
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| Jul 29, 1996 | Sold | ||
| Sold | |||
| Feb 16, 1996 | Listed by Coldwell Banker Realty - Belmont | $289,900 | |
| Listed by Coldwell Banker Realty - Belmont | |||
| Apr 24, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017