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1018 Shawnee Drive
About This Property
The large fenced front, side, and backyard provide plenty of room to relax and entertain, with a deck and staircase leading to the upstairs garage apartment. Complete with an additional bedroom, full bathroom, and kitchenette. Recent upgrades include a new A/C, new roof, new gravel driveway, new hot water heater, new septic pump, new gutters, a new back door, and more. This farmhouse is move-in ready!
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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 |
|---|---|---|---|
| Jul 9, 2026 | Listed by Top Guns Realty on Lake Conroe | $249,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by Offerpad Brokerage, LLC | $219,900 | |
| Listed by Offerpad Brokerage, LLC | |||
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3 bedroom 2 bathroom home in Lake Conroe! Home has been updated with fresh interior and exterior paint, new carpet and new appliances! Open floor plan featuring the kitchen with stainless steel appliances and granite countertops opening up to the living room. This home features a detached garage apartment! Spacious yard. Move in ready!
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| Feb 28, 2019 | Sold | ||
| Sold | |||
| Feb 19, 2019 | Listed by Keller Williams Advtge Realty | $129,000 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017