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16219 SHELLCRACKER 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%.
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 |
|---|---|---|---|
| Aug 31, 2026 | Price Decreased |
$625,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jan 21, 2026 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 5, 2025 | Listed by PREMIER HOMES REALTY INC | $650,000 | |
| Listed by PREMIER HOMES REALTY INC | |||
| Mar 8, 2025 | No longer available | - | |
| No longer available | |||
| Mar 8, 2025 | Listed | $650,000 | |
| Listed | |||
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Spectacular Waterfront Property with Over 100 Feet of Deep Water Access - Just 5 Minutes from the Intracoastal!
Experience year-round vacation living with breathtaking waterfront views. This prime .60-acre lot is the perfect canvas for your dream home, offering unparalleled tranquility, highlighted by a majestic century-old Live Oak tree that graces the heart of the property. The lot comes with key infrastructure already in place, including power source/power pole, artesian well, septic tank and drain-field, dock permit and a brand new 103-ft vinyl seawall with concrete cap and high-grade stainless steel tie-back rods
Additionally, a New Construction Boundary Survey is available. Don't miss out on this rare opportunity to own a piece of prime waterfront land. Schedule your appointment today and turn your dream home into a reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017