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3443 Shore Shadows Drive
About This Property
The boat launch is near the property boatlift. Also, Crosby is East of Downtown Houston, just minutes away for convenient commutes to FM 1960, HWY 90, BELTWAY 8, or LOOP 99. The Lake Shadows community offers a community pool, the private boat launch, and tennis courts for recreational play and organized events.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$309,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Sep 25, 2026 | Relisted | $319,900 | |
| Relisted | |||
| Sep 9, 2026 | Listed by HomeSmart | $319,900 | |
| Listed by HomeSmart | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017