401 Shumard Oak Trail
About This Property
Step into this beautifully maintained CUSTOM BUILT 3-bedroom, 2-bath home in the desirable Chase Oaks Addition. This 1955 square foot open-concept layout features a spacious living area with a cozy gas fireplace, flowing seamlessly into a well-appointed kitchen-ideal for both everyday living and entertaining. The large primary suite offers a private retreat with a large walk in closet and ensuite bath, while a second full bath serves the additional bedrooms and guests.
The home features engineered wood floors and tile as well as an oversized garage for extra storage etc... Step outside onto the covered patio to enjoy the shade of mature trees and a manicured lawn. The house sits on a corner lot and has great curb appeal that matches the rest of this neighborhood. Located in the highly rated Keller ISD with one of their elementary schools, Willis Lane, only a 5 minute walk away. Easy access to all that DFW has to offer. This MOVE IN READY property won't last long. Call today to schedule a tour to see this awesome listing! Listing will be updated with pictures after 12pm on Friday, June 13.
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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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Listed by Peak Point Real Estate | $459,000 | |
| Listed by Peak Point Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017