39
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141 Shady Trail
About This Property
From the moment you enter, the wood floors and the homes generous scale and sophisticated design are immediately apparent. Formal living and dining spaces provide an elegant setting for entertaining, while the impressive family room with wall of built ins takes center stage with a beautiful gas fireplace which is also framed by built in cabinetry. The open concept design creates a seamless transition into the gourmet kitchen featuring a gas cooktop, abundant cabinetry, generous workspace , granite counter tops, walk in pantry, and spacious breakfast area.
The primary retreat overlooks the lush, tree covered grounds and provides a tranquil escape at the end of the day. The bath features a soaking tub, dual vanities, oversized walk in shower, and a custom designed walk in closet. The utility room has a sink and even a second dishwasher. Upstairs, the home's flexible design continues with a spacious game and entertainment room, complete with an additional frig and microwave as well as study or office. Three generously sized bedrooms and two baths provide comfortable accommodations for family or guests, including one with its own private en-suite bath. Multiple levels of expansive decking cascade toward the lower portion of the beautifully wooded grounds and one of a kind setting. Midway ISD.
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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 18, 2026 | Listed by Kelly, Realtors | $988,000 | |
| Listed by Kelly, Realtors | |||
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$1,049,000
↓ $51K
(4.6%) | |
| Price Decreased | |||
| Jun 9, 2025 | Relisted | $1,100,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017