1905 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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by West and Main Homes Inc | $650,000 | |
| Listed by West and Main Homes Inc | |||
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Such a unique property! This huge lot is SW facing, backs to open space, and has expansive views of the mountains. With this massive sun-soaked lot, keep the home as-is or add on. No HOA. New home builds nearby just to the SE with half the lot size have sold for over $1.75million+ in the past year. This home was completely remodeled in 2020 with new electrical including panel, plumbing, LVP flooring, furnace, AC, windows, stainless steel appliances, custom tile work in both bathrooms, paint, carpet, self-closing cabinets, and granite countertops. New roof/gutters in 2019. Since purchased in 2020, raised garden beds with drip irrigation, a floating deck, greenhouse, shed, and pergola have been added to create an outdoor oasis. Also enjoy your privacy with the new 3/4 fenced yard. Like to hike, bike, or take a daily stroll? The back gate opens to immediate access to the Coal Creek trail system! Get to Boulder or Erie without hitting a stoplight. With cows often seen grazing in the fields behind the house and incredible sunsets over the mountains, this home makes you feel like you are living in the country. Yet you are only 1 mile away from grocery stores and main street Lafayette. Seller reserves the right to accept an offer at any time.
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| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017