7289 Shell Ridge Terrace
About This Property
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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 |
|---|---|---|---|
| Mar 5, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 22, 2024 | Price Increased |
$710,000
↑ $41K
(6.1%) | |
| Price Increased | |||
| Jan 11, 2024 | Price Decreased |
$669,000
↓ $41K
(5.8%) | |
| Price Decreased | |||
| Dec 31, 2023 | Listed | $710,000 | |
| Listed | |||
| | |||
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Spacious 4 bedroom and 2/1 bath, pool overlooking waterfront, home situated on one of the largest lakes in the area. Features huge panoramic views of lake and nearby rec center. New A/C 2017. Newer roof and gutters. Hurricane Impact windows throughout. Alkaline water system installed. Large, 34 X 18 pool. Large, open living room and formal dining area with sliding doors. Bright, open kitchen and family room have gorgeous views of the pool and lake. Large pantry and storage closet under the stairs. Master suite has an attached sitting room with sliders to private balcony overlooking lake and pool. Large 4th bedroom has walk in closet. Expanded usable space in attic for bonus storage. Low HOA includes internet + cable. Enjoy great schools, ball fields and courts, playgrounds, pools and more!
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017