1651 Shamrock BOULEVARD
About This Property
Located only minutes from the sandy beaches, many golf courses and numerous restaurants and shopping centers. This 2 Bedroom, 2 ½ Bath House is on a spacious ¼ acre lake front lot. Large pool with enclosed screen porch, this home has a formal living room AND a family room that overlooks the lake.
This house had a plumbing leak that has been repaired but now needs new flooring and bathroom work to be done. This is an opportunity to remake this house into what you would like it to be.
There is no set reserve, you may bid any amount at this auction. Any listing price here is NOT a starting bid and are for reference only. The actual selling price will be determined by auction, no pre auction offers will be considered. Register for bidding at our website. Bidding will be online and open to public. You may submit your MAX bid with the software bidding for you in the lowest increments possible OR you may go in and bid repeatedly. There is no starting bid, you may bid any amount. Closing will be within 45 days after the auction closes. The auction is Feb. 16 - 22, 2022.
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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 |
|---|---|---|---|
| Dec 14, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by NEAL VAN DE REE & ASSOCIATES | $495,000 | |
| Listed by NEAL VAN DE REE & ASSOCIATES | |||
| Apr 21, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by NEAL VAN DE REE & ASSOCIATES | $312,345 | |
| Listed by NEAL VAN DE REE & ASSOCIATES | |||
| Jul 22, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017