40
Map
6101 Paper Shell Way
About This Property
A Control4 smart system puts lighting, audio, climate, and security at your fingertips. Gather in one of three living areas, host movie night in the media room with a Sony 4K projector, or cook in the chef's kitchen with built-in appliances and a wine cooler.
Outside, a saltwater pool and spa with a rare pool chiller keeps the water cool all summer. Fire up the Big Green Egg, gather by the fire pit, and lower the motorized shade screens as the sun sets.
A whole-home generator and EF5 tornado shelter offer peace of mind. Store your boat in the 23-ft garage with private access to the lake and dock.
Zoned to Eagle MT-Saginaw ISD, this is luxury, security, and lifestyle under one roof.
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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 10, 2026 | Price Decreased |
$1,650,000
↓ $30K
(1.8%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$1,680,000
↓ $20K
(1.2%) | |
| Price Decreased | |||
| Jul 28, 2026 | Price Decreased |
$1,699,999
↓ $20K
(1.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$1,719,990
↓ $30K
(1.7%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Elite Real Estate Texas | $1,750,000 | |
| Listed by Elite Real Estate Texas | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017