43
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43 Shelley
About This Property
The home offers 3 bedrooms plus a bonus room currently used as an office, which could easily be used as a bedroom. Located on the opposite side of the home, it's ideal for a mother-in-law setup or added privacy for guests.
The spacious living room includes a fireplace and access to a large deck where you can take in the surrounding views. The kitchen features granite countertops and custom oak cabinetry with plenty of space for cooking and entertaining. The primary suite offers two large closets, a spacious bathroom, and access to a covered deck.
Enjoy the benefits of owned solar along with country living at its best. The land offers plenty of space for animals, gardening, and outdoor living-perfect for those looking to bring their farm animals and enjoy a more self-sufficient lifestyle.
Additional features include an oversized garage of approximately 700 sq. ft. with room for two vehicles plus extra space for a workshop, ATVs, or storage. There is also a basement storage area beneath the home with exterior access. The property is fenced with an electric gate.
Conveniently located with easy access to Highway 70 via Lower Wyandotte and Ophir Road, this property offers the perfect balance of rural living and accessibility.
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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 6, 2026 | Price Decreased |
$549,900
↓ $15K
(2.7%) | |
| Price Decreased | |||
| May 12, 2026 | Relisted | $565,000 | |
| Relisted | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by LPT Realty, Inc. | $565,000 | |
| Listed by LPT Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017