1142 Norias Drive
About This Property
Discover this well-kept home in Travis Ranch Marina, nestled in the highly-regarded Rockwall ISD, with access to Linda Lyon Elementary, Cain Middle School, and Rockwall Heath High School. This affordable property stands out in Rockwall ISD.
Featuring an open-concept layout, the modern kitchen boasts white cabinets, quartz countertops, and stainless steel appliances. Light-colored flooring throughout enhances the spacious feel. The split floor plan offers privacy, with the primary suite at the rear.
Enjoy a private backyard, perfect for relaxation. This home offers comfort and convenience for any lifestyle. Don't miss this opportunity-schedule your private tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Price Decreased |
$275,000
↓ $3K
(1%) | |
| Price Decreased | |||
| Oct 15, 2024 | Price Decreased |
$277,900
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Sep 30, 2024 | Price Decreased |
$279,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017