461 SHELL RIDGE Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $3,985,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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Life on the water awaits at the only available waterfront property in River Landing to be built by Glenn Layton Homes. As priced, this 5,196sf home has 6 beds & 5 baths. Designed with natural light and premier ICW views in mind, step inside the 2-story foyer and into the open concept great room flanked by the kitchen with large marble island, full-height backsplash and a decked-out pantry. 10' sliders lead to a covered patio and vaulted all-season pavilion ideal for outdoor living. The primary suite maximizes the views and features a generously sized spa-like bath + designer closet. You'll find two additional bedrooms downstairs & three bedrooms upstairs; one in particular could make a great office! A bonus room is located above one of the split 2-2 garages via separate stairs and stand-up storage above the other. Project has been fully selected by Kendall Dennis Interiors. Since the slab has been poured, enjoy an expedited move-in timeline to begin enjoying all Nocatee has to offer!
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| Sep 28, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by PARC REALTY INC. | $1,250,000 | |
| Listed by PARC REALTY INC. | |||
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017