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124 Azalea DR
About This Property
Freshly painted inside and out, the home features modern upgrades including brand-new hardware, ceiling fans, and stylish light fixtures. The kitchen includes a charming dining area, pantry, and a convenient pass-through breakfast bar window that opens to the living room-ideal for entertaining and everyday living.
The layout is both functional and welcoming, with generous bedrooms and updated bathrooms to match. Wander outside to a fully shaded backyard, perfect for unwinding or hosting guests. Two storage sheds offer ample room for tools, hobbies, or gardening storage needs.
No HOA! Close proximity to highly regarded schools including Cooper Elementary, Forbes Middle School, and Georgetown High School. Commuters will appreciate the easy access to I-35 and the SH-130 toll road, making travel a breeze while still enjoying a peaceful setting away from the hustle and bustle.
This move-in ready gem offers modern comfort in a location that truly has it all. Don't miss your chance to call this Georgetown beauty your 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 |
|---|---|---|---|
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Redfin Corporation | $299,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017