402 Shadow Mountain Drive
About This Property
5 of Fixer Upper, offers timeless traditional character and modern functionality. Set high on an oversized lot with
mature oak trees, the home makes an impressive first impression and features beautiful landscaping, dormer windows
and a large front porch perfect for rocking chairs and fresh air. Inside, the redesigned kitchen is a centerpiece of both
form and function. Custom cabinetry with glass doors, floating shelves, and ceramic apron sink add to the character,
while high-end features like a chrome pot filler and double ovens add to the functionality. Two dining areas flank the
kitchen: one with French doors leading to the patio and an oversized breakfast nook with built-in shelving, bench
seating, and a charming bay window add to the personality of the home. The main level living area is bright and
welcoming, anchored by a wood-burning fireplace surrounded by marble and complemented by built-in window seats. A
designer laundry room provides both style and efficiency, featuring a tall folding counter, sink, laundry bin nooks, a
'mud' area, and access to both the garage and backyard. A guest bedroom and full bath complete the lower level.
Upstairs, the second living area offers flexibility as a game room, multipurpose space, or as it is, currently an oversized 5th bedroom. The upstairs primary suite is a retreat of its own, with an oversized layout, a beautifully appointed en suite
bathroom featuring dual vanities with lots of counter space, a freestanding tub, tile shower, and a thoughtfully designed
walk-in closet. The backyard is an entertainer's dream, with a sparkling pool surrounded by a paver patio and multiple
outdoor areas for hosting. The upper tier of the bi-level yard would be perfect for gardening! Although you may never
want to leave this house, you'll love that it is within walking distance to Poage Park!
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Cap Rate Calculator
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 30, 2026 | Sold | ||
| Sold | |||
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Price Decreased |
$709,999
↓ $10K
(1.4%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$719,895
↓ $5
(0%) | |
| Price Decreased | |||
| May 11, 2026 | Relisted | $719,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017