1101 Shell Beach Drive
About This Property
Inside, you'll find a versatile layout, including an oversized upstairs bedroom that's perfect as a game room, media room, or additional living space. The home also features a beautiful outdoor living area-ideal for entertaining or relaxing after a day at the lake.
Enjoy close proximity to Cottonwood Creek Marina, scenic walking trails, parks, and a variety of dining options. This is more than just a home-it's a lifestyle.
Schedule your showing today and make this special home yours!
Recent updates include HVAC replacement in 2024 roof, Hot Water Heaters, and Pool Heater in 2023.
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Listed by Jan Eaken Real Estate | $669,000 | |
| Listed by Jan Eaken Real Estate | |||
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Feb 22, 2023 | Listed by Home Capital Realty LLC | $574,990 | |
| Listed by Home Capital Realty LLC | |||
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Great Lot close to walking trails and lake Lewisville. Kitchen has granite, SS app (new oven, Gas cooktop, and vent-a-hood on order). Open concept with master and office down. 4 bedrooms and 2 full bathrooms up, one bedroom is oversized and could be a game room or media room. Pool and spa. New roof, gutter, and 2 new water heaters. Lots of wood floors downstairs. Seller is willing to replace carpet and do touch ups once tenant moves out. Backyard has Salt water pool, spa, and pergula. Long driveway on the side with trees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017