31884 SHELL LANDING WAY
About This Property
One of the standout features of this home is the rare three-car side-load garage, offering ample storage and convenience for your vehicles and belongings.
The community itself is a true gem, offering an array of amenities designed to enhance your lifestyle. Enjoy access to a private beach, a clubhouse with a kitchen, fitness center, community pool, playground, and more – all overlooking the picturesque bay. This property stands out as one of the largest in the entire community, providing unparalleled space and privacy for you and your loved ones. Come and live life to the fullest here at Bayfront at Rehoboth's Sanctuary! Don't miss out on this extraordinary opportunity – schedule your tour today and make your dream coastal lifestyle a reality.
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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 17, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Monument Sotheby's International Realty | $1,475,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Mar 19, 2018 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by JOE MAGGIO REALTY | $444,900 | |
| Listed by JOE MAGGIO REALTY | |||
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Bayfront is a premier established waterfront community with completed amenities, 1/2 acre homesites and a private bay beach. It's the perfect getaway yet only minutes from local attractions, shopping, golfing and boating. The Chesapeake is an impressive two-story home ranging from 3,374-7,051 heated square feet and offers 4 to 7 bedrooms and 3 to 6.5 baths. The master suite is located on the first floor. Upstairs, you will find a loft, 2 bedrooms, a full bath and unfinished storage space. This home features plenty of room to entertain with ample bar seating, a dining room, and a two-story great room with large picture windows. Entry is base price of the Chesapeake model and sqft without additions. Selected homesites may include a premium. Photos are of a model home. On-site unlicensed/licensed sales people represent the seller only. Base price reflects a $35,000 incentive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017