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115 Ponderosa Trail
About This Property
Welcome to this beautiful 3 bedroom, 2 bath home in the neighborhood of Foster Oaks sitting on a corner lot! As you enter the home you are greeted with a cozy living area equipped with a floor to ceiling brick fireplace. You will find a dining room open to kitchen with granite countertops, refrigerator, microwave and dishwasher. The home offers an office with a built in desk which is open to the utility room. Vinyl plank hardwood floors throughout the home, tile in the bathrooms. As you walk outside you enter onto a covered back patio perfect for family gatherings and barbeques! Backyard is fenced. Fresh interior and exterior paint. All new siding.
Close to Hwy 75 and I45!
Do not miss out on this great deal!
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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 19, 2026 | Listed by Green & Associates Real Estate | $229,000 | |
| Listed by Green & Associates Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017