4134 Falvel Shadow Creek 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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Trust Real Estate | $320,000 | |
| Listed by Trust Real Estate | |||
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4134 Falvel Shadow Creek is a truly impressive home in excellent condition! EXTREMELY LOW ASSUMABLE RATE AVAILABLE! Located on a spacious corner lot in the picturesque Park at Meadowhill community, you’ll enjoy the privacy of having no neighbors on the right side. The bus stop & mailboxes are conveniently nearby. As you enter, you’re greeted by a spacious foyer. The kitchen is a true standout, featuring two pantries, perfect for all your storage needs. The home also includes a cozy breakfast nook, a formal dining room, & a large main family room. The primary suite is located downstairs, while upstairs you'll find three roomy secondary bedrooms, a game room, & two full bathrooms. Need an extra bedroom? The office, with French doors & a closet, can serve as a 5th bedroom. Head outside to the stunning pool & deck, with plenty of seating for everyone to enjoy. The covered patio is ideal for grilling & outdoor dining. No flooding! Zoned to highly rated Klein ISD schools.
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| Feb 5, 2025 | Price Decreased |
$324,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jan 27, 2025 | Price Decreased |
$334,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017