169 Shelby Ln
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 13, 2020 | In contract | - | |
| In contract | |||
| May 8, 2020 | Listed | $510,000 | |
| Listed | |||
| | |||
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Well maintained single level home with an attached two-car garage located at the end of a quiet cul de sac within the heart of Fallbrook. This amazing property has been updated throughout featuring fresh neutral paint and trim, newer interior doors and ceiling fans, cordless blinds, a cozy fireplace, a leased solar system, central AC, a tank less water heater, and durable waterproof flooring throughout the main living areas of the home. The manager has listed the unit size as 1468 square feet.
| |||
| Oct 18, 2017 | Sold | ||
| Sold | |||
| Sep 10, 2017 | Listed by Rogan and Associates | $430,000 | |
| Listed by Rogan and Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017