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1406 N Trail Drive
About This Property
Discover the freedom of no HOA in this well-maintained 4-bedroom, 3-bath home located in an established Carrollton neighborhood. Featuring beautiful bamboo floors that add warmth, durability, and style throughout much of the home, this residence offers a versatile floor plan with generous living spaces designed for both everyday comfort and effortless entertaining.
The spacious kitchen opens to the main living areas, creating an inviting space for gathering with family and friends. The private primary suite provides a relaxing retreat, while three additional bedrooms and multiple bathrooms offer flexibility for guests, a home office, or multigenerational living.
Step outside to a large backyard with plenty of room to play, garden, or create your dream outdoor oasis. Conveniently located near major highways, shopping, dining, and parks, this home combines space, location, and the rare benefit of NO HOA dues or restrictions.
A fantastic opportunity to enjoy comfortable single-story living in a prime Carrollton location!
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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 |
|---|---|---|---|
| Aug 3, 2026 | No longer available | - | |
| No longer available | |||
| Jul 14, 2026 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by LPT Realty LLC | $475,000 | |
| Listed by LPT Realty LLC | |||
| Oct 10, 2023 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Central Carrollton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017