202 Julian Drive
About This Property
The entryway welcomes you with formal living and dining spaces, perfect for elegant gatherings or a dedicated home office. The heart of the home is the open-concept kitchen, showcasing stainless steel appliances, granite countertops, and a large breakfast bar that seamlessly flows into the spacious living room with a cozy fireplace-ideal for relaxed evenings or entertaining guests.
The primary suite is thoughtfully located on the first floor, featuring a private retreat with a luxurious ensuite bath. Upstairs, you'll find three additional bedrooms, each generously sized, surrounding a large game room that provides flexible living space for media, play, or study.
Step outside and discover your private oasis-an oversized backyard with a sparkling pool and spa that sets the stage for unforgettable summer gatherings. The massive lot offers ample room for outdoor living, play structures, or even a future guest house or cabana.
This home's location is truly unbeatable, offering walkability to local shopping, dining, and schools while being just minutes from Lake Ray Hubbard, I-30, and downtown Rockwall. With its spacious layout, upscale finishes, and outdoor amenities, this home presents a rare opportunity to own a slice of luxury in one of Rockwall'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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | Listed by CENTURY 21 Judge Fite Co. | $485,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
| Jul 23, 2019 | No longer available | - | |
| No longer available | |||
| Apr 1, 2019 | Listed | $299,000 | |
| Listed | |||
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Beautiful family home on oversized lot with pool-spa-waterfall that has been wonderfully maintained & updated. Extensive easy care stained concrete flooring, nice moldings, fresh painting, new carpet, updated fixtures & hardware, high ceilings, updated baths & much more. Large updated kitchen with abundant cabinetry, SS appliances & granite countertops opens to spacious family room with gas-log fireplace. Lots of large windows offer great natural light & panoramic views of the backyard. Large downstairs master suite with updated bath & custom vanity. Three good size bedrooms up along with big gameroom. Private oversized backyard with lots of grassy play area in addition to the beautiful custom pool. The manager has listed the unit size as 2471 square feet.
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About Waterstone Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017