1299 Shadow Lakes 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 |
|---|---|---|---|
| Feb 11, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by RE/MAX Landmark Rose | $849,000 | |
| Listed by RE/MAX Landmark Rose | |||
| Nov 3, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 9, 2025 | Listed by RE/MAX Landmark Rose | $869,000 | |
| Listed by RE/MAX Landmark Rose | |||
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East Texas Elegance meets Luxurious Estates just 40 Miles from Downtown Dallas just off of I20. Escape the hustle for this refined tranquility of a life in this 3964 SF expansive home nestled on 1.23 meticulous landscaped acres. Designed for both grandeur and comfort this custom home welcomes with a winding staircase, scraped hardwood floors leading through a formal dining room with wood grain French doors to a living space with 20ft ceilings and a floor to ceiling stone fireplace. The elegant but also practical kitchen has a 2024 commercial cooktop, double ovens and a granite island bar, wet bar and wine fridge. The primary wing is situated separately with a gorgeous all wood study and primary suite with tray ceilings and ensuite bath with soaker tub, sep tiled shower & large walk in closet. Primary suite overlooks the views of the backyard oasis. Two additional guest bedrooms on the main floor with a guest half bath and full bath also very privately located. Ascending the spiral staircase to the very versatile upstairs with a loft landing space for 2nd living space, plus an extra flex space, another bonus room or game room with a balcony that overlooks the gorgoes views of the property. Also, there a 4th bedroom with ensuite bath, a fantastic media room with sep media room soda and snack or wet bar for gameroom and media room, could also serve as a kitchenette for a 2nd family or multi gen family. The wonderful backyard oasis with the 2019 pool with a water feature waterfall, Multi colored LED lighting, and expansive 2019 covered patio. Fully fenced pool area and supersized lot with wrought iron fencing. Bricked, steel 30x40 shop added in 2019 with foam insulation, 12 ft bay doors and a 20x30 cover on the back for storing trailers and equipment out of sight. 3 car garage houses a 6x8 Family Safe storm shelter. Level 4 Roof replaced 2022. Lot next door available MLS #20975248
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017