2600 Shell Wood Drive
About This Property
Inside, the open split floor plan is ideal for entertaining or enjoying quiet time with loved ones. The kitchen boasts granite countertops and a built-in desk, while the master suite offers a spa-like retreat with a walk-in shower and jacuzzi tub.
Recent updates include a 2024 roof, 2024 patio AC, new windows (2023), and accordion shutters (2023), ensuring peace of mind for years to come. The spacious yard is perfect for outdoor living, and adding a pool would be a breeze to create your own personal oasis.
Nestled in a quaint, charming neighborhood just minutes from Lake Washington, this home is a dream for outdoor enthusiasts. Bring your boats, airboats, and love for adventure!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017