22821 Shell Shore Drive
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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by The Standard Realty Group, LLC | $98,000 | |
| Listed by The Standard Realty Group, LLC | |||
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Bullard ISD 3 bedroom 2 bathroom home with rustic accents throughout nestled on a .599 acre lot. Flex space off of the kitchen area could be used for an office or den. Views of Lake Palestine visible from the front porch. Updated air conditioning, tankless water heater, master bathtub and kitchen flooring.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017