1513 Tanglewood Drive
About This Property
The home features laminate flooring and a wood-burning fireplace, and an open kitchen with ceramic tile, stainless steel appliances, soft-close cabinets, and a large granite counter with a huge front-facing window. Both bathrooms have ceramic tile and granite.
Enjoy a quiet, private setting with mature trees, a partially fenced backyard backing up to woods, and lots of room to build a shop or expand. Located in highly sought-after Azle ISD and just minutes from Eagle Mountain Lake, shopping, restaurants, and more. Quick and easy access to HWY 199 makes commuting to Fort Worth, Springtown, Decatur, and Weatherford a breeze - just about 20 minutes to downtown Fort Worth!
Buyers and agents to verify all information including schools and dimensions.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017