27 Shelton Rd
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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by RE/MAX 360 | $839,000 | |
| Listed by RE/MAX 360 | |||
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Life is better by the sea! 4 bedroom, 2.5 bath colonial in a prime Swampscott location near Eisman's Beach and Phillips Park. Bright and airy updated kitchen opens to fireplaced family room. Spacious front to back living/dining room. Bonus room in basement is ideal for playroom or office. Full baths on both levels. Central AC on the 2nd floor. Grassy, fenced in back yard with deck (2023) and stone patios is perfect for entertaining. Walk home from a relaxing day at the beach and enjoy the refreshing outdoor shower! New windows (2022), Roof (2019), Large shed (2018), and many more updates! This home is a short distance to the new town-wide elementary school, featuring state-of-the-art facilities for grades K-4. Convenient to Boston with a 30 minute ride to North Station from the Swampscott MBTA commuter rail stop. **Open houses Saturday 11/23 and Sunday 11/24 10am-12pm.**
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| Sep 2, 2014 | Sold | ||
| Sold | |||
| Jul 3, 2014 | Listed by RE/MAX 360 | $399,000 | |
| Listed by RE/MAX 360 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017