2311 Shelby Park Drive
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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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Relisted | $479,000 | |
| Relisted | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Walzel Properties - Corporate Office | $479,000 | |
| Listed by Walzel Properties - Corporate Office | |||
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Nestled in a prime cul-de-sac location, Kelliwood Gardens, this stunning 2-story home features a detached 2-car garage with ample space for an RV, boat, or trailer. The interior showcases beautiful hardwood floors, elegant built-ins, high ceilings, neutral paint, and exquisite crown molding throughout. Natural light fills every room! The spacious kitchen boasts granite countertops, soft white cabinets, a large island with cooktop, stainless steel appliances, and a convenient Butler's Pantry. Enjoy meals in the separate breakfast nook! The oversized master bedroom on the main floor is adorned with a decorative recessed ceiling, dual sinks, separate tub and shower, and crown molding. Upstairs, you'll find an extra-large game room and three additional bedrooms, offering plenty of space. Highly rated schools! This home is truly a masterpiece!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017