144 Ellis Farm Road
About This Property
As you step inside, you'll be greeted by an open living space, high ceilings, and large windows that fill the room with natural light. The kitchen boasts an island with pub-height bar, custom cabinetry, stainless steel appliances, including a double oven, granite countertops, custom backsplash, and a cozy dining area.
The primary bedroom is a peaceful retreat with a private, en-suite bathroom and jacuzzi soaker tub. Three additional bedrooms provide plenty of space for family, guests, or a home office.
Outside, the spacious backyard is a great spot for outdoor activities, gardening, or simply relaxing. The attached, oversized garage provides ample storage space and convenient parking for large vehicles.
Surrounded by friendly neighbors, this home is just minutes away from local, Midway ISD schools, Hewitt Public Library, parks, shopping, and dining options. With easy access to major highways, commuting into Waco or south to Temple is a breeze. The roof is new as of 2020, as well as a significant portion of the fence. The HVAC compressor was replaced in 2018.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Cromwell King Holdings | $435,000 | |
| Listed by Cromwell King Holdings | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017