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12220 Tanglewild DR
About This Property
Inside, soaring ceilings and abundant natural light create an inviting sense of space throughout the open-concept floor plan. The main-level living room features a cozy fireplace and flows seamlessly into the kitchen and dining areas, making everyday living and entertaining effortless. The kitchen is designed for both function and connection, with a large center island and breakfast bar, generous pantry storage, and an open layout connecting the formal dining room on one side and living room on the other. A separate breakfast nook provides an additional casual dining space.
With two living areas-one on each level-there is plenty of room for everyone to spread out, relax, work, entertain, or enjoy individual hobbies and interests. The primary suite is conveniently located on the main floor and offers a peaceful retreat with a deep soaking tub, spacious walk-in shower, dual vanities, and a walk-in closet.
Outside, the covered rear porch overlooks the xeriscaped yard, providing an ideal spot for morning coffee or relaxed gatherings. With no HOA and a current Airbnb use, the property also offers flexibility for a variety of ownership and lifestyle needs. Best of all, Walnut Creek Metropolitan Park is within approximately half a mile or less, putting miles of trails, sports courts, picnic areas, and abundant outdoor recreation close at hand. Enjoy living 5 minutes from The Domain, Q2 Stadium, ACC, numerous restaurants and coffee shops, as well as easy access to both Mopac and IH35 off Parmer Ln.
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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 4, 2026 | Listed by Redfin Corporation | $670,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017