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6251 Paper Shell Way
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Compass RE Texas, LLC | $995,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 22, 2026 | No longer available | - | |
| No longer available | |||
| Aug 14, 2025 | Listed by Compass RE Texas, LLC | $1,199,000 | |
| Listed by Compass RE Texas, LLC | |||
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Stunning Custom Home in Gated Eagle Mountain Lake Community! Nestled in the highly sought-after gated community of The Orchards at Eagle Mountain Lake, this beautifully crafted stone and brick home offers luxury living with exclusive lake access for Orchard residents only. From the charming curb appeal and manicured landscaping to the welcoming covered porch, every detail has been meticulously designed for comfort and style. Inside, you’ll find an open-concept layout with a gas range and large kitchen island—perfect for culinary enthusiasts. The cozy living room fireplace sets the tone for relaxing evenings, while multiple dining areas provide ample space for hosting. Retreat to the spacious primary suite, complete with a spa-like bathroom featuring a soaking tub, separate walk-in shower, and dual vanities. The expansive walk-in closet offers built-in drawers, shelving, and a center mirror island for exceptional organization. This home also features a private game room for endless fun and a theater room with tiered leather recliner seating, surround sound, and a stunning starry night ceiling—perfect for movie nights at home. This elegant yet functional home offers everything you need in a premier location. Don’t miss your opportunity to live in one of Eagle Mountain Lake’s most exclusive communities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017