1507 Shadow Bend 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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Mar 12, 2024 | Listed by Happen Houston | $742,000 | |
| Listed by Happen Houston | |||
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1507 Shadow Bend Dr. is a fully renovated home with full electrical, mechanical, structural, plumbing & landscaping updates on a 8,844 sq.ft. lot. that consists of 4bdrms, 3.5 bath, high ceilings, designated office or flex space, utility/mud room, secondary bedroom with ensuite, primary has free standing soaking tub, dual head shower & walk in closet. marble stones, custom cabinetry & wide plank luxury engineered wood floors throughout. The neighborhood is anchored by nearby Nob Hill & Moffitt Park, family friendly restaurants, wineries & coffee houses.
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| Feb 8, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017