29
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1119 Trace Road
About This Property
The exterior of this home is just as inviting with classic brick construction nestled amongst numerous mature trees. The large, landscaped corner lot offers a picturesque setting, with a fully fenced backyard ensuring privacy and safety. Enjoy leisure time on the expansive front porch, or entertain on the large covered deck or backyard patio, perfect for weekend gatherings.The property also includes a sprinkler system to maintain the lush yard, and a convenient shed with a window unit and electricity-great for a workshop or extra storage. The attached 2-car garage provides additional functionality and space.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$259,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Coldwell Banker Apex, REALTORS Cleburne | $265,000 | |
| Listed by Coldwell Banker Apex, REALTORS Cleburne | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017