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162 Quail Run Drive
About This Property
Enjoy the large backyard shaded by mature trees, offering plenty of space for outdoor dining, relaxing, or entertaining. Upstairs features generously sized bedrooms and a convenient laundry area with additional storage, including a chest freezer.
The water heater was replaced in 2025, and the roof and AC are approximately 6 years old. Located in an established subdivision with convenient access to I-20, this home is close to everyday shopping, dining, and other amenities. A wonderful opportunity for a first-time buyer or anyone looking for a comfortable home with plenty of space and a generous backyard.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Listed by Mark Spain Real Estate | $290,000 | |
| Listed by Mark Spain Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017