124 El Bosque DR
About This Property
One of the standout features of this property is the guest house situated in the back. This additional living space is ideal for accommodating visitors, providing a private and comfortable stay for friends and family. Alternatively, it could serve as a home office, artist's studio, or potential rental unit, offering versatility to suit your lifestyle needs. The guest house is fully equipped with its own bathroom and kitchenette, ensuring convenience and independence for its occupants.The exterior of the home is equally impressive, with a well-manicured lawn and a spacious backyard perfect for outdoor activities and gatherings. Mature trees provide shade and a sense of tranquility, while the patio area invites you to enjoy al fresco dining or simply relax with a good book. Located in a friendly neighborhood with convenient access to local amenities, schools, and parks, this beautiful home in Elgin is a wonderful opportunity for anyone looking to settle in a vibrant and welcoming community. Don't miss out on the chance to make this your new home!
Second Home is currently leased at $2500 per month
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 13, 2024 | Price Decreased |
$579,900
↓ $69K
(10.7%) | |
| Price Decreased | |||
| Jul 16, 2024 | Listed by Realty Texas LLC | $649,000 | |
| Listed by Realty Texas LLC | |||
| Apr 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 21, 2023 | Listed by Realty Texas LLC | $744,900 | |
| Listed by Realty Texas LLC | |||
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Beautiful home with granite counter tops, wood plank, ceiling fans, tile backspalsh, open floor plan with an island with huge cover rear cover patio sitting on a 3/4 of an acre with a guess home built in the back yard already rented out and brings a monthly income of $2500 and a speparete drive way for the guess home. lot is fance in and gated, backed to a greenbelt. Country vibe living and minutes from samsung, Tesla and amazon camps, near shopping, grocery stores and much more
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017