10773 Shadow Pines Rd
About This Property
Ideally located just 22 minutes from the airport and only minutes from shopping, dining, and everyday conveniences, this homesite strikes a rare balance between accessibility and peaceful, country-like surroundings. The community is thoughtfully designed with approximately 50% dedicated open space, creating a natural habitat where wildlife is frequently seen and privacy is preserved.
Surrounded by new custom homes, this lot supports a strong long-term value proposition and architectural integrity. Whether you bring your own builder or collaborate with ours, the groundwork has already been laid-including completed plans for a thoughtfully designed two-story home, available at a reduced rate.
Notably, this was one of the first lots to sell in the community, and its return to the market presents a rare offering and a second chance to secure one of the subdivision's most desirable parcels.
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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 |
|---|---|---|---|
| Apr 16, 2026 | Listed | $765,000 | |
| Listed | |||
| Jun 4, 2020 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed | $365,000 | |
| Listed | |||
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One of the most beautiful lots in desirable new subdivision. Full front range views. Paved roads, only minutes to all shopping and restaurants but country quiet. New custom homes being built. Subdivision is 50% open space where wildlife abound. Bring your builder or use ours. This lot sold first 3 years ago and is now available again. Do not miss this opportunity. House plans completed for a lovely 2 story on this lot and available at a reduced rate. Ask listing agent.
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| Oct 13, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017