16554 Shoshone Pl
About This Property
Welcome to this beautifully designed, energy-efficient Meritage home offering 3 bedrooms and 4 bathrooms in a thoughtfully planned, multi-level layout. The entry level features a versatile flex space-ideal for a bedroom, home office, guest suite, or fitness room-along with a convenient 3/4 bathroom.
The open-concept second floor is perfect for both everyday living and entertaining, showcasing a spacious great room, modern kitchen, powder room, and a private balcony-perfect for enjoying morning coffee or evening gatherings. The chef-inspired kitchen boasts a large quartz island, stainless steel appliances, and a gas range with convection oven, complemented by a microwave, refrigerator, and dishwasher.
The third floor offers a private primary suite with an ensuite bathroom featuring dual sinks and a generous walk-in closet. Two additional bedrooms, a full bathroom, and a laundry area complete this level, providing comfort and functionality for the entire household.
Ideally located with easy access to I-25, shopping, biking and hiking trails, and highly rated schools. The rapidly growing area will soon feature Rally Park (opening in 2026), offering tennis, basketball, and pickleball courts, as well as picnic areas. A STEM school, along with new dining and shopping destinations, is also planned nearby.
Meritage Homes are renowned for exceptional energy efficiency-helping you save thousands on utility bills while enjoying modern comfort and sustainability. Schedule your private showing today!
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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 |
|---|---|---|---|
| Apr 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 27, 2026 | Price Decreased |
$529,966
↓ $9
(0%) | |
| Price Decreased | |||
| Mar 7, 2026 | Price Decreased |
$529,975
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Mar 1, 2026 | Price Decreased |
$539,975
↓ $10
(0%) | |
| Price Decreased | |||
| Feb 8, 2026 | Price Decreased |
$539,985
↓ $1
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017