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3926 Shadow Cove Drive
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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 |
|---|---|---|---|
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by Houston Elite Properties LLC | $415,000 | |
| Listed by Houston Elite Properties LLC | |||
| May 16, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | Listed by Compass RE Texas, LLC | $420,000 | |
| Listed by Compass RE Texas, LLC | |||
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The best of everything awaits in this sophisticated single-story lakefront 3-4BD/2 BA located in the private gated enclave of Shadowlake. A bright foyer welcomes you to the formal living and dining rooms while the study is tucked behind French doors overlooking the front lawn. In the chef's kitchen, you'll find ample built-ins, a central island & upscale appliances. Enjoy casual meals in the breakfast room & lavish entertaining in the family room or step out onto the covered patio to take in the lakefront views. Discover a serene owner's suite overlooking the community lake along with a walk-in closet & en suite spa bath. Two additional well-appointed bedrooms with a shared bathroom & a utility room are found down the hall. Extensive upgrades include a recent roof, covered patio, dishwasher and microwave, new fencing, TREX decking, vanity lighting, and more. Enjoy the convenience of a community pool and playground. Just a short drive to Downtown Houston and Memorial City.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017