2071 Shadow Rock Drive
About This Property
Enjoy peace of mind w/ recently installed roof, windows, water heater, AC, PEX plumbing, & electrical panel. Fresh walk way to front door. Fresh LVP flooring downstairs, carpet upstairs, matte black fixtures & faucets. Sleek soffit lighting around entire home. New gutters. The bright, spacious living room features a gas fireplace & tons of natural light. Kitchen shines w/ quartz countertops, double oven, breakfast bar, deep single-basin stainless sink, & generous cabinet space. Primary suite offers an open vanity w/ dual sinks, recent cabinetry, & a glass enclosed stand-up shower. All bedrms are located upstairs. Recently installed stair railing w/ matte black iron spindles. Step outside to a large backyard & detached garage. Located just off Kingwood Dr. with quick access to I-59, Beltway 8, & Grand Parkway. Neighborhood Playground, Community Ctr & Pool within walking distance.
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Cap Rate Calculator
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 28, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Listed by REALM Real Estate Professionals - North Houston | $299,900 | |
| Listed by REALM Real Estate Professionals - North Houston | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017