37
Map
1615 Shadow Bend Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by RE/MAX Compass | $410,000 | |
| Listed by RE/MAX Compass | |||
| May 19, 2025 | Listed | $425,000 | |
| Listed | |||
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Move-in Ready 3-2-2 with beautiful updates! Nice sized den, cozy living, plantation shutters in front rooms, remodeled bathrooms, beautiful kitchen w/newer cabinets & stainless steel appliances. Nice sized lot, charming inside & out! Near Memorial City Mall, I-10, the Sam Hou Tollway, CityCentre, & the Galleria. Walking distance to Shadow Oaks Elementary School & Nob Hill Park. No HOA. Out of the flood zone, did not flood. Zoned to highly desirable Spring Branch school district. *New electrical panel & water heater.
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| Mar 27, 2025 | Listed | $445,000 | |
| Listed | |||
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Move-in Ready 3-2-2 with beautiful updates! Nice sized den, cozy living, plantation shutters in front rooms, remodeled bathrooms, beautiful kitchen w/newer cabinets & stainless steel appliances. Nice sized lot, charming inside & out! Near Memorial City Mall, I-10, the Sam Hou Tollway, CityCentre, & the Galleria. Walking distance to Shadow Oaks Elementary School & Nob Hill Park. No HOA. Out of the flood zone, did not flood. Zoned to highly desirable Spring Branch school district. *New electrical panel & water heater.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017