8 Shelly Rd
About This Property
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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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by McMenamy Realty | $429,900 | |
| Listed by McMenamy Realty | |||
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*****ALL OFFERS TO BE SUBMITTED BY 5:00 PM ON MONDAY, SEPTEMBER 30th. ALL OFFERS WILL BE REVIEWED ON TUESDAY.**** Looking to downsize or a first time home buyer? This immaculate ranch has such great curb appeal with a beautifully landscaped yard, mahogany decking farmers porch and maintenance free vinyl siding. The private back yard has a custom chicken coop if you’re looking for some fresh eggs with an enclosed fenced yard in a sought after neighborhood. Inside this immaculate home is freshly painted, and newly refinished hardwood floors. Was completely renovated in 2010 with new windows, roof, central air, heating system, bathroom and kitchen. The open concept home has maple kitchen cabinets with island, granite counter tops and SS appliances. A modern bathroom with granite counter top. New driveway installed in 2022, passing Title V in hand. Great location close to walking trails, two golf courses and major highways. THIS HOME IS MOVE IN READY!
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| Oct 9, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017