109 SHALLOW CREEK DRIVE
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 |
|---|---|---|---|
| Sep 17, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by Dandridge Realty Group, LLC | $520,000 | |
| Listed by Dandridge Realty Group, LLC | |||
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*AUG. 8 OPEN HOUSE CANCELED* Refined and elegant, this 2019 open-concept rancher with over 3,200 finished square feet shows like a model home. Hardwood floors draw you into the foyer and extend throughout the main level. Tons of windows bring in natural light and show off the beautiful kitchen with granite countertops and an elongated island, perfect for both daily dining and entertaining. An electric fireplace adds a cozy element to the combined living/dining space that seamlessly flows into the spacious kitchen. A split bedroom floor plan provides privacy for the primary suite, complete with a well-appointed attached bathroom and walk-in closet. Just off the two-car garage sits the laundry and mudroom, providing everyday convenience. The mostly finished lower level has a huge rec room, additional bedroom with a full bath, and a huge storage room. Situated next to the neighborhood walking path, enjoy breathing room from the neighbors and plenty of outdoor amenities, including low-maintenance landscaping and a gorgeous paver patio in the backyard. The Shenandoah Springs neighborhood is ideally located right near many local stores and restaurants with easy access to major roadways. Impeccably maintained and move-in ready, this Jefferson County residence is ready for you to call home!
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| Jun 21, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Relisted | $520,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017