91 Shellton 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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by OwnerEntry.com | $1,500,000 | |
| Listed by OwnerEntry.com | |||
| | |||
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Rare find, ocean front property, alumuinum stairs to private deeded beach. Full view of Boston skyline and surrounding islands. Plenty of parking. Entire exterior recently renovated and maintenance free, front deck and back deck azek decking never have to worry. New roof, and siding. Nice size shed at end of driveway. Drop a mooring and have your boat right in front of your house. House back on market with a completely renovated second floor and new hardwood staircase. Master bath is a beauty with stand up shower and Bain ultra air jet tub. Walk in closet and single closet in master plenty of room. Come with pre approval letters and have a look!!
| |||
| Nov 28, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 5, 2023 | Price Decreased |
$1,499,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Jun 24, 2023 | Price Decreased |
$1,549,000
↓ $100K
(6.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017