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3454 Shallow Springs
About This Property
Warm and inviting, the open floor plan features 4 bedrooms, 3 bathrooms, and 2,780 square feet, with a desirable split-bedroom layout. The beautiful kitchen is designed for both everyday living and entertaining, with an oversized island overlooking the family room, a 5-burner range, and a large pantry. Separate formal living and dining rooms add flexibility and create an inviting space for gatherings.
Step outside to the expansive covered patio, complete with piped-in gas for the grill, custom ceiling-to-floor shades, and variable-speed fans that create a comfortable breeze. The carefree "California natural" landscaping requires minimal maintenance-just a seasonal touch-up.
Additional highlights include an efficient dual HVAC system and an oversized 3-car garage with plenty of room for a golf cart, workshop, or craft space.
Located directly on Hole #9 of Canyon Oaks Country Club, this home offers a peaceful, elevated setting that feels worlds away while remaining conveniently close to town, schools, restaurants, shopping, and all the amenities Canyon Oaks has to offer.
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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 9, 2026 | Sold | ||
| Sold | |||
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Listed by Parkway Real Estate Co. | $874,000 | |
| Listed by Parkway Real Estate Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017