16 Shelli Terrace
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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Listed by Coldwell Banker Home Connection Realty | $485,000 | |
| Listed by Coldwell Banker Home Connection Realty | |||
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jul 6, 2017 | Listed by RE/MAX at Barnegat Bay - Forked River | $192,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Beautiful landscaping, shade trees, and brickwork greet will greet you as when pulling up to this private, well kept and spacious 4 bedroom home. There is a large deck and patio off the back door from the dining room leading out to the secluded yard. There is only 1 visible neighbor as you are surrounded to the left and rear by woods that will remain unbuilt. Upstairs has 3 spacious and bright bedrooms and a full bathroom. Hardwood floors on the first floor with a bedroom option and a full bath, vaulted ceilings in the living room and open kitchen/dining rooms, laundry/utility room and garage. Lots of light, windows and closet space throughout. This home is being sold by the original owner and is very lightly used, priced under assessed/market value for a quick sale. Check it out today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017