1116 Broadmoor Way
About This Property
Inside, rich hardwood floors and a striking stone fireplace create a warm and inviting first impression. The open-concept kitchen serves as the heart of the home with stainless steel appliances, upgraded lighting, generous cabinetry, and an extended coffee bar offering additional storage. An expanded dining area provides ample space for hosting, while the private study offers a dedicated space for working from home.
The spacious primary suite is tucked away on the main level and features a spa-inspired bath with separate vanities and an oversized walk-in closet. A secondary bedroom and full bath downstairs provide comfortable accommodations for guests. Upstairs, a large game room, sitting area, and connected media room create an exceptional second living and entertainment space, complemented by two additional bedrooms and a full bath.
Outside, enjoy a covered back patio with a gas connection, landscaped yard, and plenty of space to relax or entertain. Located in Fairway Ranch with access to community amenities including a pool, parks, trails, greenbelts, and a lake, this home combines generous living spaces, thoughtful upgrades, and an exceptional Roanoke location within Northwest ISD.
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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 |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Allie Beth Allman & Associates | $799,000 | |
| Listed by Allie Beth Allman & Associates | |||
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Compass RE Texas, LLC | $799,000 | |
| Listed by Compass RE Texas, LLC | |||
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Highly sought-after Fairway Ranch neighborhood with upgraded Drees Home. Gorgeous hardwood floors with stone fireplace draw you into the open floor plan. The large upgraded kitchen includes stainless steel appliances, upgraded lighting and extended coffee bar with extra storage. Slip away to the private office or entertain in the extended dining room. The over-sized master suite includes a luxury bathroom with separate vanities and XL closet. A separate guest room and bathroom complete the main floor. The entertaining continues upstairs with a large game room, sitting area, and connected media room. Two separate bedrooms with a upscale bathroom make the second floor great for kids or guest rooms. Enjoy your covered back patio with gas connection or sit out front on your extended driveway. All of this plus a 3 car garage, walking distance to Cox Elementary, low Roanoke taxes, and top rated NISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017