1651 Shadow Bend Drive
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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 |
|---|---|---|---|
| Aug 11, 2022 | Sold | ||
| Sold | |||
| Jun 29, 2022 | Listed by JLA Realty | $519,900 | |
| Listed by JLA Realty | |||
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Allow me to re-introduce the redesigned and reimagined home at 1651 Shadow Bend Drive in the phenomenal community of Shadow Oaks in Spring Branch! As a T Hobson Investments renovation, you can rest assured that this exquisite home embodies all of the luxurious amenities, opulent finishes and optimal layout functionality is fully inclusive. With so many upgrades to name including luxury wood tile flooring, custom shaker style cabinets, quartz pure white countertops, under cabinet and island pendant lighting with sleek stainless steel faucet fixtures, stylish herringbone laid back splash and newly installed appliances, instantly makes this the turn-key Spring Branch property you have been waiting for. No rear neighbors, you bet! Backyard privacy, you got it! Corner lot, all yours! No flooding here! Take a look at the virtual 3D tour and listing video for a more intimate look into your new life in Spring Branch!
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| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Dell Hansen Real Estate, Inc. | $329,900 | |
| Listed by Dell Hansen Real Estate, Inc. | |||
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Great bones in this cozy well maintained home that is just waiting for the updating to your taste. Large treed lot with much potential allows for value-added improvements. Bamboo floors in 2017.
Very convenient to Sam Houston Toll Way & Katy Fwy. In quiet street and zoned to highly ranked SBISD schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017