337 Shellhorse Road
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 |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Nov 18, 2022 | No longer available | - | |
| No longer available | |||
| Nov 17, 2022 | Listed by Atlanta Communities Mountain Living | $828,000 | |
| Listed by Atlanta Communities Mountain Living | |||
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Beautiful 69.49 acre land and pasture with spectacular country views! Approximately 1/3 of property is cleared, pasture is fenced and cross fenced. Includes a 6 stall, 48’x35’ barn. Perfect for farming! Well Water and Electric currently available and being used on the property. There are some rock/boulder features on the property as well as some slate rock features. Road access is possible off E Cohran Rd with an old gate (needs clearing), main entrance is off Shellhorse Rd. Pin Hook Creek starts near the North East of the property and then flows through the property, bisecting two pastures, through the woods and then is the North West border for a bit. Smaller creek goes from the North West of the property and joins Pin Hook. They flow year round unless there is a severe drought. Excellent location and beautiful, gentle rolling land!
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| Nov 3, 2022 | Listed by Atlanta Communities | $712,275 | |
| Listed by Atlanta Communities | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017