38
Map
18008 Monarch Butterfly WAY
About This Property
You forgot the queso.
You tear through all three bedrooms, both bathrooms, and even the study gets a quick scan. For a home just over 2,000 square feet, you make impressive time. The single-story layout definitely helps. "Man, those built-in cabinets look great," you think, making a mental note to thank the previous owners for their taste. Stay focused. Queso.
Luckily, you bought smart. HEB is three minutes away. Costco's four. You unplug from the built-in EV charger and slip out the front door while everyone's still arguing over whether to put guac on a hot dog.
Back in 15. Queso in hand. And no one even noticed you left.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed by Compass RE Texas, LLC | $600,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Feb 9, 2019 | Price Decreased |
$344,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 2, 2018 | Listed by Engel & Volkers Austin Westlake | $349,900 | |
| Listed by Engel & Volkers Austin Westlake | |||
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Immaculate 1-story on .21 acre lot that backs Discovery Park. No neighbor behind! Lightly lived in home w/ welcoming foyer, soaring ceilings, gleaming tile floors. Open kitchen to living w/ oversized granite island, stainless steel appliances, gas cooktop, walk-in pantry. Spacious Master w/ 2 beds in mother-in-law plan, separate office, utility room, 2-car attached garage w/ opener. Covered patio overlooks large fully sprinklered yard. Area amenities: jog/bike path, pool, tennis, park and playgrounds. The manager has listed the unit size as 2042 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017