18111 Shallow Leaf Lane
About This Property
Step into the backyard to find an entertainer's paradise, featuring a huge covered patio with a built-in outdoor kitchen and grill. Situated in a highly desirable neighborhood with top-rated schools, a community pool, and a neighborhood park, this move-in-ready property is an ideal fit for first-time buyers, downsizers, or investors seeking a turnkey rental.
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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%.
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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.
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 20, 2026 | Listed by TEXAS REAL ESTATE SERVICES | $249,000 | |
| Listed by TEXAS REAL ESTATE SERVICES | |||
| Sep 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 1, 2026 | Price Decreased |
$249,000
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$254,900
↓ $4K
(1.6%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by TEXAS REAL ESTATE SERVICES | $259,000 | |
| Listed by TEXAS REAL ESTATE SERVICES | |||
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Welcome home to this charming two-story Cypress home featuring 3 bedrooms, 2.5 bathrooms, and NO CARPET throughout! The main level offers a bright, open-concept layout where the spacious living room flows seamlessly into the dining and kitchen area, complemented by a convenient half-bath for guests. Upstairs, the private primary suite features a full en-suite bathroom and a generous walk-in closet. Two additional bedrooms and a second full bath complete the upper floor.
Step into the backyard to find an entertainer’s paradise, featuring a huge covered patio with a built-in outdoor kitchen and grill. Situated in a highly desirable neighborhood with top-rated schools, a community pool, and a neighborhood park, this move-in-ready property is an ideal fit for first-time buyers, downsizers, or investors seeking a turnkey rental.
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About Westgate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017