1402 Brazos Traces 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 |
|---|---|---|---|
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by RE/MAX Signature | $400,000 | |
| Listed by RE/MAX Signature | |||
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Welcome to your new home in the highly desirable gated community of Canyon Gate on the Brazos. Conveniently located at I-69 and Crabb River Rd minutes from shopping, restaurants and hospitals. This large home has 5+ bedrooms and a 3 car garage, on an oversized lot in a cul-de-sac. The open floor plan that includes a formal living and dining room also has an office/study or 6th bedroom on the first floor with a large game room on the second floor. Secondary bathrooms have been tastefully updated and are shared by the 4 secondary bedrooms upstairs. The island kitchen is open to the living area, which makes it great for entertaining or family meals. Large primary bedroom on the first floor has large windows for plenty of natural light and an ensuite bathroom with separate tub and shower, and two sinks. No carpet anywhere in this home. Oversized lot gives you plenty of room for your next BBQ. This property has never been flooded. PLEASE PROVIDE HIGHEST AND BEST OFFER BY 2/27/22 6PM
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017