2012 Horizon Park BLVD
About This Property
Inside, the home boasts numerous subtle touches that enhance its elegance. Updated hardwood floors and crown molding adorn the formal dining room, office area, living room, and hallway. The bright and airy living room is a highlight, featuring a cozy fireplace with a limestone surround and mantle. You will love the way the living room seamlessly opens to the kitchen and dining room, making it perfect for entertaining.The kitchen is a chef's dream, equipped with updated stainless steel appliances, a gas cooktop stove, a built-in microwave, striking white cabinets, a built-in desk area, a breakfast bar, and a breakfast nook. The serene primary bedroom offers a relaxing retreat, while the updated ensuite bathroom includes a double vanity, a luxurious soaking tub, tile flooring, updated light fixtures, a walk-in shower, and a walk-in closet. The study is perfectly located at the front of the home to allow for natural light and visibility or use this as a play or workout room. Guest bedrooms feature plush carpets and ceiling fans for added comfort and style. The updated secondary bathroom is equally impressive, with vinyl plank floors, a vanity, a toilet, a mirror, and a tub/shower combo. Outdoor living is equally inviting, with a back patio and a backyard deck for soaking up the sun. Spa enthusiasts will appreciate the 240-amp plug added to the backyard, making it ready for a hot tub. Additional updates include a new roof in 2023, solar screens, and a Carrier COR smart thermostat. This great location offers easy access to major roads like 183, 183A, and Crystal Falls, as well as parks, a playscape, soccer fields, a community pool, shopping, grocery stores, dining, and more.
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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 |
|---|---|---|---|
| May 27, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Compass RE Texas, LLC | $425,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017