1223 Hampton Bay Drive
About This Property
Nestled on a quiet cul-de-sac, this beautifully updated home offers inviting curb appeal and modern touches throughout. Step inside to discover an open, sunlit layout featuring a stylish kitchen with granite countertops, a subway tile backsplash, a center island, stainless steel appliances-including
ample cabinetry for all your storage needs. The kitchen flows seamlessly into a formal dining area, perfect for hosting friends and family.
The cozy living room centers around a crisp brick fireplace ideal for relaxing evenings. The spacious primary suite is thoughtfully separated from the secondary bedrooms, all of which include walk-in closets. Enjoy updated light fixtures, a soft modern gray palette, and a smart layout that makes daily living a breeze.
Outside, a generous backyard with a 6' wood privacy fence provides plenty of space to play or unwind. A rear-entry 2-car garage offers convenience and added curb appeal. Roof replaced 2024 - Fence replaced 2023.
Just a short stroll to scenic lakes, walking trails, community pool, and a splash pad, this home offers the ideal balance of nature and neighborhood living. Plus, you're minutes from charming Historic Downtown Rockwall, filled with shopping, dining, and local events-all within the highly-rated Rockwall ISD.
Move-in ready and full of charm-don't miss your chance to make this Caruth Lakes gem your next home!
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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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$360,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$380,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| May 23, 2025 | Listed by Keller Williams Rockwall | $390,000 | |
| Listed by Keller Williams Rockwall | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017