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6624 Shadow Valley Drive
About This Property
The main home has been extensively updated with thoughtful, high-end finishes throughout. Recent improvements include all new LVP flooring, fresh interior paint, remodeled bathrooms featuring tiled showers, quartz countertops, updated vanities, new tile flooring, and modern fixtures. The kitchen and pantry have been refreshed, and the home also features new windows (2026), a new roof (2024), updated light and plumbing fixtures, a new water heater, exterior paint and trim (2024), and a replaced pool filtration system (2025).
Step outside to your backyard oasis complete with a large pool, detached covered patio, permanent 4 person swing set, chicken coop, shed, and additional carport space - ideal for entertaining, relaxing, or enjoying country-style living with modern convenience.
One of the property's standout features is the second 2 bedroom, 2 bath, 1,150 sq ft residence with a 2-car garage, offering endless possibilities. The finished-out shop space currently includes a conference room, four private offices, and a gym, making this property perfect for entrepreneurs, remote professionals, creatives, fitness enthusiasts, guest accommodations, multigenerational living, or even a future Airbnb or rental opportunity.
This is more than just a home - it is a rare opportunity to own a versatile lifestyle property with space to live, work, entertain, and invest all in one place.
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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 22, 2026 | Listed by Boot Team Realty | $1,590,000 | |
| Listed by Boot Team Realty | |||
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by Legacy Realty Group | $730,000 | |
| Listed by Legacy Realty Group | |||
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Fabulous property nestled back from the road featuring six BDRM's, 4 of them with built in desks, 2 living areas on over 3 acres with Large pool, built in fire pit & amazing shop! This spectacular home has tons of potential & is ready for a new owner to help it sparkle. Features a large master suite with double vanities, separate shower, soaking tub plus a large walk in closet and fabulous door to back patio and pool area! Kitchen has double ovens, built in refrigerator and super large walk in pantry.The fabulous and sought out Workshop includes two bay doors and an office with AC- tons of storage potential & completely perfect for small business or great for boat & toy or toy storage or the perfect space for the handy man. WONDERFUL open floor plan perfect for entertaining. Secondary bedroom side of home with its own living space can be closed off for perfect teenage area or privacy for guests. Back patio boasts outdoor kitchen, tons of outdoor entertaining with family and friends!
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| Dec 14, 2019 | No longer available | - | |
| No longer available | |||
| Oct 28, 2019 | Price Decreased |
$530,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017