127 W Way Drive
About This Property
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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 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by eXp Realty, LLC | $325,000 | |
| Listed by eXp Realty, LLC | |||
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Charming home tucked away in a quaint neighborhood, offering tranquility while still being conveniently located just minutes from major highways, a variety of stores, shopping, and dining! With strong bones and original charm, this home carries modern updates and meticulous maintenance, making it a standout choice in the highly sought-after Allen ISD. Step inside to discover a tasteful palette of grey and white tones that effortlessly blend with various shiplap walls, creating a cozy & inviting atmosphere throughout. The main highlight of this property is the extended backyard deck, perfect for entertaining or simply unwinding in the serenity of the vast outdoors. Embrace the privacy and peace offered by the lush trees surrounding the expansive backyard, providing a serene retreat right at your doorstep. With its ideal combination of convenience and tranquility, this home offers a rare opportunity to experience suburban living at its finest! The manager has listed the unit size as 1277 square feet.
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| Mar 11, 2024 | Listed by EXP REALTY | $325,000 | |
| Listed by EXP REALTY | |||
| | |||
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Charming home tucked away in a quaint neighborhood, offering tranquility while still being conveniently located just minutes from major highways, a variety of stores, shopping, and dining! With strong bones and original charm, this home carries modern updates and meticulous maintenance, making it a standout choice in the highly sought-after Allen ISD. Step inside to discover a tasteful palette of grey and white tones that effortlessly blend with various shiplap walls, creating a cozy & inviting atmosphere throughout. The main highlight of this property is the extended backyard deck, perfect for entertaining or simply unwinding in the serenity of the vast outdoors. Embrace the privacy and peace offered by the lush trees surrounding the expansive backyard, providing a serene retreat right at your doorstep. With its ideal combination of convenience and tranquility, this home offers a rare opportunity to experience suburban living at its finest!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017