12 Misty Meadow Drive
About This Property
A standout feature is the approximately 1,000-square-foot private casita featuring a full kitchen, living area, bedroom, bathroom, office, and stackable washer-dryer. With its own private entrance plus a hidden Murphy door connecting to the main residence, it offers exceptional flexibility for multigenerational living, extended-stay guests, or a private home office.
The first-floor primary suite features soaring ceilings, a spacious bath, and separate closets. The updated kitchen showcases quartz countertops, marble backsplash, and a double-sided fireplace, complemented by a breakfast area and large formal dining room. Two living areas, a private office, and a spacious laundry room complete the main level.
Upstairs offers a large game room and three bedrooms, including two connected by a Jack-and-Jill bath and a third with a private bath. Reclaimed wood flooring sourced from a century-old barn adds warmth, history, and distinctive character.
Additional features include hand-scraped hardwood floors, updated bathrooms, crown and picture-frame molding, and a balcony overlooking the backyard. Outdoors offers a resort-style pool, spa, cabana, and expansive covered patio with electric shades.
Offering privacy, versatility, and exceptional indoor-outdoor living, this distinctive property combines the tranquility of an acreage estate with convenient access to North Texas.
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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 17, 2026 | Price Decreased |
$1,299,000
↓ $26K
(2%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$1,324,900
↓ $20K
(1.5%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$1,345,000
↓ $54K
(3.9%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$1,399,000
↓ $76K
(5.2%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by Listing Results, LLC | $1,475,000 | |
| Listed by Listing Results, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017