58 Shallowford Place
About This Property
The house boasts a range of special rooms, including a media room ideal for movie nights, a game room for entertainment, and an office suitable for both work and study. A standout feature is the large walk-in closets, which provide ample space for wardrobes and personal items.
The residence enjoys a private and natural setting, with no rear neighbors facing a green area, enhancing the tranquility of the location. A unique addition to the home is a multi-use space with a full bathroom, located at the garage. This versatile area can serve various purposes, from a mancave to a creative studio.
With abundant storage space, the house caters to those who value organization and room to store belongings.
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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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Listed by Texan Preferred Realty | $893,000 | |
| Listed by Texan Preferred Realty | |||
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Located in the most desirable area of Creekside Park, this spacious and recently renovated property covers 4,360 square feet and is a blend of comfort, luxury, and practicality.
The house boasts a range of special rooms, including a media room ideal for movie nights, a game room for entertainment, and an office suitable for both work and study. A standout feature is the large walk-in closets, which provide ample space for wardrobes and personal items.
The residence enjoys a private and natural setting, with no rear neighbors facing a green area, enhancing the tranquility of the location. A unique addition to the home is a multi-use space with a full bathroom, located at the garage. This versatile area can serve various purposes, from a mancave to a creative studio.
With abundant storage space, the house caters to those who value organization and room to store belongings.
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Property Highlights
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017