1740 Shallot Cir
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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by RE/MAX Elevate | $439,700 | |
| Listed by RE/MAX Elevate | |||
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Great opportunity for anyone that is interested in living in Lafayette. Sweet opportunity to own this ranch style home. Situated on a nice size lot with a newer roof and windows. Light and bright living room with wood floors. Three beds, one bath and a spacious dining area/eat-in kitchen. One car garage with access to fenced backyard. Backyard has large concrete patio and shed included. Sprinkler system has never used. Finish it how you like! Has been a rental for the last 5+ years, needs kitchen and bath updated and cosmetics. **CALLING ALL INVESTORS** Priced to be an excellent investment or Flip! NO HOA. This home needs work and may not go FHA. Sold as-is and seller will not make any repairs. Quiet Neighborhood with short distance to open space, bus, City Park and Waterpark and Old Town Lafayette. Easy access to Boulder, Denver, Louisville, Longmont and I-25.
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| Jun 1, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017