2511 SHELLEY CIR #6 3D
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 21, 2023 | In contract | - | |
| In contract | |||
| Jun 15, 2023 | Listed | $300,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/15/2023
|
2 Bed
|
2 Bath
|
1370 ft²
|
$300,000
2 Bed
2 Bath
1370 ft²
|
$300,000
07/27/2023
|
Richard Phillips
Northrop Realty
| |
|
06/15/2023
| |
2 Bed
|
2 Bath
|
-
|
$300,000
2 Bed
2 Bath
|
-
-
|
Rich Phillips
Northrop - Frederick Metro
|
|
06/10/2021
|
2 Bed
|
2 Bath
|
1370 ft²
|
$225,000
2 Bed
2 Bath
1370 ft²
|
$255,000
+13.33%
06/23/2021
|
Robert Lucido
Keller Williams Lucido Agency
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
1388 ft²
|
$210,000
2 Bed
2 Bath
1388 ft²
|
-
-
|
-
| |
|
09/01/2020
| |
2 Bed
|
2 Bath
|
-
|
$199,950
2 Bed
2 Bath
|
-
-
|
-
|
|
06/06/2019
|
2 Bed
|
2 Bath
|
1360 ft²
|
$182,500
2 Bed
2 Bath
1360 ft²
|
$182,500
07/31/2019
|
Laurie Roberts
Keller Williams Realty Centre
| |
|
10/06/2018
| |
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
-
|
|
07/01/2016
|
2 Bed
|
2 Bath
|
1370 ft²
|
$169,900
2 Bed
2 Bath
1370 ft²
|
$169,000
-0.53%
02/16/2017
|
Kris Alcorn
RE/MAX Results
| |
|
03/31/2016
|
2 Bed
|
2 Bath
|
1388 ft²
|
$169,900
2 Bed
2 Bath
1388 ft²
|
$172,000
+1.24%
07/12/2016
|
Mary T Raumann
RE/MAX Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017