149 Canal DR
About This Property
The expansive kitchen is ideal for culinary enthusiasts, offering double ovens, a butler's pantry, and a wine fridge-perfect for hosting. A secondary guest room with a private bath on the main level provides privacy and convenience, while the primary suite stuns with a standalone tub, a walk-in shower with three showerheads, and an oversized closet. Upstairs, you'll find three spacious bedrooms, a Jack-and-Jill bath, an additional hall bath, and an oversized bonus room with stunning views. For cozy nights, retreat to the secluded media room.
Outside, the recently built pool, complete with a hot tub and a built-in fire feature, creates a dreamy oasis. Mature trees in the front and back add a sense of natural beauty and privacy, while the large covered patio offers a tranquil spot to take in the picturesque views. This remarkable property truly has it all-don't miss the opportunity to make it yours!
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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 |
|---|---|---|---|
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Compass RE Texas, LLC | $1,290,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017