17 Shells Way
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | Listed | $1,365,000 | |
| Listed | |||
| Nov 30, 2024 | No longer available | - | |
| No longer available | |||
| Sep 29, 2024 | Listed by Resolve Realty | $1,395,000 | |
| Listed by Resolve Realty | |||
| | |||
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New Custom Features home in Beautiful neighborhood. Adjacent to Cape Cod Canal for walking, biking or photography. Close to Scusset Beach State Reservation. Beautiful beach with snack bar and facilities. Sagamore Hill, historic hiking trails to overlook Cape Cod Bay! Nearby Beaches in Sagamore Beach Village. Rare opportunity to own a home with Cape Cod living before the Bridge! Picture is a facsimile of design home planned. Site will appear similar to abutting lot. Whole house natural gas generator included.
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| Dec 28, 2023 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017