217 Sheepshank DR
About This Property
The primary suite includes a double vanity, a generously sized walk-in closet, and a big window overlooking the backyard. Step outside to a large covered patio and an extended deck with iron railing, both overlooking the gorgeous, private greenbelt - a perfect backdrop for unwinding or entertaining guests.
This home is just a block from Creekside Park, which offers a playground and picnic area, and is close to Village Elementary School, with the Village Pool (admission fees apply) also located right in the neighborhood. This great Georgetown location provides easy access to Lake Georgetown, HEB, and everything the area has to enjoy.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by Keller Williams Realty | $369,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017