1514 Brazos Traces Drive
About This Property
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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 8, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by RE/MAX Signature Galleria | $349,900 | |
| Listed by RE/MAX Signature Galleria | |||
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This spacious 4 bed, 2 and a half bath home, beams with natural light throughout and offers luxury at every turn. You'll love the privacy of having no back neighbors AND living in prestigious, gated, Canyon Gate at the Brazos! The kitchen opens up to the living room, which has a charming fireplace for cozy evenings at home. You'll love the game room upstairs. It offers ample space for fun with the family, or to relax with a good book selected right off of the handsome built in bookshelves. The bedrooms are all quite large and come complete with very spacious closets. Best of all, you can rest easy knowing the major mechanical components have been replaced recently. (HVAC 2021, Water Heater 2021, Fence 2020) Very quick and easy access to Hwy 59 and SH99. Have your agent make your appointment today. You won't want to miss this one!
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| Apr 5, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Martha Turner Sotheby's | $250,000 | |
| Listed by Martha Turner Sotheby's | |||
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Beautiful ready to move in home in the gated community of Canyon Gate at the Brazos. As you enter you are greeted by the formal dining room with picture frame molding, wood floors and a view of the inviting covered front porch. Spacious and open family room (perfect for large gatherings) with wood floors and panoramic view of back yard. Baker’s kitchen features plenty of functional work space, granite counter tops, and pass through bar with seating space. Luxurious oversized owners retreat located at the back of the home with sitting area. Owner’s bath features large jacuzzi tub, separate shower, dual sinks and walk in closet. Second floor offers giant game room with built-in cabinets and secondary bedrooms. Enjoy plenty of play time with the ample green space in the back yard. This home is also wired Cat-5 wiring for the hi-tech buyer. Canyon Gate is located just minutes off 59 for great access and has all the modern amenities of a master planned community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017