6024 Paper Shell Way
About This Property
Perfect for a growing family, this home features 4 spacious bedrooms and 4.5 baths, along with multiple living areas including an office, game room, and a versatile flex space currently set up as a gym. The kitchen is remodeled for every chef's dream. Additional highlights include a new well and a 2500-gallon storage tank, making this home fully equipped for a life of ease. No WATER BILL. Entertain friends and family with the built-in speaker system, wired for Sonos sound. Don't miss your chance to call this amazing home yours today!
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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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Elk Castle Realty Group, LLC. | $1,299,999 | |
| Listed by Elk Castle Realty Group, LLC. | |||
| Dec 14, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 21, 2024 | Price Decreased |
$1,250,000
↓ $35K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017