117 Shoreside Trail
About This Property
Designed with both comfort and entertaining in mind, this home features soaring 10-foot ceilings, elegant 8-foot doorways, and an open, inviting layout that offers a spacious feel throughout.
Step outside to your own private backyard retreat featuring a beautiful saltwater pool complete with a relaxing waterfall, perfect for enjoying Texas summers. The covered back porch is equipped with surround sound, creating the ideal setup for hosting guests, cookouts, game days, or relaxing evenings outdoors. Inside, the living room also features surround sound, making this home truly built for entertaining.
Additional highlights include a 3-car garage, a recently replaced roof in 2023, and plenty of outdoor space with over an acre to enjoy. Combining luxury finishes, modern functionality, and room to spread out, this Springfield Lakes property offers the perfect balance of country-style living and modern convenience.
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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 31, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by Tero Real Estate | $599,999 | |
| Listed by Tero Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017