1
Map
1501 Sheridan TRL
About This Property
The massive primary suite is on one side of the home and has two walk-in closets, a laundry closet, a full ADA bathroom with a huge walk-in shower and double vanities, an office/study space, and a large bedroom space. This area was recently added and is 462 sq feet.
The center of the home has a spacious living room area that is attached to the kitchen and dining spaces. The other side of the home has two guest bedrooms and a full guest bath.
The home was designed with ADA in mind. The primary bathroom is ADA compliant while also very strikingly beautiful. The doorways are larger and the concrete flooring thru out allows for ease of movement. You could continue your kitchen design with ADA in mind or complete however you desire.
The home has a concrete slab poured for a future garage or casita. There is also a large shed and the home is situated on a gorgeous 0.48-acre corner lot with mature trees. The driveway can easily accommodate several cars. There is also no HOA, it is in a ETJ with the low tax rate of 1.69.
The home is located minutes from Lakeline Mall, 183, 45, plus many additional shops, restaurants, entertainment options, and more. Opportunity is knocking, will you answer? Schedule a showing today!
**Ask me about a home loan program with the seller's exclusive lender that allows you to roll the cost of home improvements into your mortgage!**
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Compass RE Texas, LLC | $425,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017