1805 Shayne Lane NE
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 27, 2025 | Relisted | $250,000 | |
| Relisted | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Increased |
$250,000
↑ $10K
(4.2%) | |
| Price Increased | |||
| Jul 15, 2025 | Relisted | $240,000 | |
| Relisted | |||
| May 9, 2025 | Listed | $235,000 | |
| Listed | |||
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APPROVED AT LIST PRICE. This 3-bedroom, 2-bathroom residence offers comfort, functionality, and a fantastic location just minutes from shopping, dining, and major roadways including I-95 and Babcock Street.
Step inside to find a spacious living area with abundant natural light, tile flooring throughout, and an open-concept layout perfect for everyday living or entertaining. The kitchen features ample cabinet space and overlooks the dining area and backyard.
Enjoy peace of mind with a newer roof (2021), updated water heater, and a fully fenced backyard offering privacy and space to relax or garden. A screened-in back porch provides the ideal spot for morning coffee or evening unwinding.
No HOA and plenty of room to park a boat or trailer. Located close to schools, parks, and just a short drive to the beach, this home is ideal for first-time buyers, investors, or anyone looking to enjoy all that Palm Bay has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017