1505 Leaning Oak Lane
About This Property
Upstairs, a vast bonus room offers endless possibilities for recreation or relaxation. The 2 and a half garage with two overhead doors serves as an excellent storage solution. Beyond the confines of the home lies an exceptional backyard oasis- perfect for entertaining. A large covered pergola, tranquil water fountain, inviting firepit, and outdoor TV spot complete this outdoor haven. Combining spaciousness, style, and practicality, this Cleburne gem caters to a versatile lifestyle, offering the utmost in modern living and timeless elegance.
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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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by Coldwell Banker Apex, REALTORS Cleburne | $449,000 | |
| Listed by Coldwell Banker Apex, REALTORS Cleburne | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017