6200 Paper Shell Way
About This Property
prestigious Orchards on Eagle Mountain Lake! Have all the amenities of living on the lake with out
the hassle of being on the lake. With private boat dock accessible to all in The Orchards
community and Gazebo on the lake to host your family get togethers. Updates in this home include
a new roof in 2019, new gutters and new water heaters. The details in this home are incomparable
with 520 FT Deep well, dumb weighter in garage for attic access, plantation shutters through out
home and an oasis of a backyard for entertaining. This is a must see.
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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 |
|---|---|---|---|
| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jan 30, 2020 | Listed by JP and Associates Fort Worth | $799,000 | |
| Listed by JP and Associates Fort Worth | |||
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About The Orchards
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14271326
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017