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1602 Wagon Gap Trail
About This Property
The kitchen features a new cooktop and flows seamlessly into the spacious living area, which boasts a classic brick fireplace and wet bar, perfect for entertaining. Both bathrooms have been upgraded with new quartz countertops and sleek new faucets, adding a touch of luxury.
Enjoy a generous lot shaded by mature trees, with a large backyard and wood deck offering plenty of space for outdoor gatherings. Located in a peaceful, established neighborhood with easy access to FM 1960, I-45, shopping, dining, and more, this home blends convenience with comfort.
Don't miss your chance to own a fully updated home in one of the area's most desirable communities!
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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