37
Map
41 Shell Key
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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by XL Legacy International | $110,000 | |
| Listed by XL Legacy International | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Dec 17, 2025 | Listed by XL Legacy International | $165,000 | |
| Listed by XL Legacy International | |||
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Superior location & size! Where nature meets the water, set beside tranquil wetlands ideal for fishing, boating, kayaking, and wildlife activity. Enjoy a relaxed coastal lifestyle with exceptional East facing waterfront & West wetland views, all within the vibrant gated Harborwalk community. Prime location that includes a boat-slip that will accommodate a 30' x 35' boathouse. Minimum sq ft to build is 2800, choose your builder & no time frame to build. Looking to expand your land? Homesites 43 Shell Key & 45 Shell Key are also available & owned by the same owner, allowing even more space to explore and enjoy. Full service marina, Harborwalk seven bedroom lodge, ship's store, hike & bike trails & community events with the best neighbors that become family! Please call for a community briefing & scheduled visit!
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| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 20, 2024 | Listed by XL Legacy International | $165,000 | |
| Listed by XL Legacy International | |||
| | |||
|
Superior location & size! Where nature meets the water, set beside tranquil wetlands ideal for fishing, boating, kayaking, and wildlife activity. Enjoy a relaxed coastal lifestyle with exceptional East facing waterfront & West wetland views, all within the vibrant gated Harborwalk community. Prime location that includes a boat-slip that will accommodate a 30' x 35' boathouse. Minimum sq ft to build is 2800, choose your builder & no time frame to build. Looking to expand your land? Homesites 43 Shell Key & 45 Shell Key are also available & owned by the same owner, allowing even more space to explore and enjoy. Full service marina, Harborwalk seven bedroom lodge, ship's store, hike & bike trails & community events with the best neighbors that become family! Please call for a community briefing & scheduled visit!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017