22
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411 Shawnee Drive
About This Property
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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%.
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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 1, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $289,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
| Jun 10, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 17, 2026 | Price Decreased |
$289,990
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Feb 1, 2026 | Listed by LPT Realty, LLC | $294,990 | |
| Listed by LPT Realty, LLC | |||
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Welcome to this well-designed 3 bedroom, 2 bath home with a 2 car garage, located in a quiet neighborhood with subdivision lake access and within walking distance to the water. This energy-efficient home features high ceilings, a covered back porch, and a split floor plan with the primary suite situated at the back of the home for added privacy. The kitchen offers granite countertops,tumbled stone backsplash, ceramic tile flooring, and site-built custom cabinets, with a dining area just off the kitchen highlighted by windows overlooking the back patio. The living area features a custom mantle and wood-burning fireplace, perfect for cozy winter nights. Both bathrooms include ceramic tile flooring, and the primary bath is complete with double sinks and a separate tub and shower. Located in the sought-after Montgomery School District, this home is conveniently close to shopping and gourmet dining. Bring your boat and enjoy fishing every day with easy lake access right in the neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017