1612 Tanglewood 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 |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Listed by Abide Realty | $310,000 | |
| Listed by Abide Realty | |||
| May 30, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Real Broker, LLC | $299,999 | |
| Listed by Real Broker, LLC | |||
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Custom built brick home on a corner lot with a huge fenced backyard is ready for your imagination. This 3 bed, 2 bath home is less than 5 years old and is a great layout. The kitchen is huge with granite counters, all wood, custom cabinets, tons of counter space for the cook or baker among you and bar seating too. There is a large walk in pantry to keep things organized and the laundry room is right off the kitchen. The living room has vaulted ceilings and is spacious and inviting while being open to the kitchen which makes entertaining easier. The master suite has 10 ft coffered ceilings, crown moulding and plenty of space to unwind at the end of the day. The en suite bath has dual sinks, granite counters, a deep soaking tub with tiled surround and a separate shower. The walk in closet is spacious as well. Two guest rooms each have vaulted ceilings, nice sized closets and lots of natural light. The backyard is fully fenced and dog proof and would be a great place to throw a football, host a cook out or start your own garden. This is a quiet neighborhood without an HOA and is just 20 minutes from Downtown Fort Worth and moments from local shopping and restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017