87 Shellback Way #N87
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 |
|---|---|---|---|
| Jan 12, 2018 | Sold | ||
| Sold | |||
| Aug 28, 2017 | Listed by Kinlin Grover Compass | $259,900 | |
| Listed by Kinlin Grover Compass | |||
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Motivated Sellers! Move in ready! 2 BR condo in well sought after Deer Crossing Condominiums, 1.5 bath, updated kitchen, new kitchen floor with durable plank vinyl (2017), private deck, tennis courts, swimming pool, clubhouse, professional landscaping. Close to Mashpee Commons, South Cape Beach, shopping centers. Two pets allowed: only 1 dog allowed under 50 lbs. Forced Hot Air/Gas Heat. Estate Sale.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/28/2017
|
2 Bed
|
2 Bath
|
1480 ft²
|
$259,900
2 Bed
2 Bath
1480 ft²
|
$242,500
-6.69%
01/12/2018
|
Dianne Rossi
Kinlin Grover Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017