2038 La Porte Drive
About This Property
This delightful 3 bedroom, 2 bathroom home spans a generous 1,888 square feet. The sizable living room is highlighted by multiple windows allowing natural light to fill the space and is balanced by the warmth of original hardwood floors that have been recently stained. Casual elegance welcomes you upon entry to this charming home.
The beautifully updated eat-in kitchen features granite countertops, ceramic tile flooring and ample cabinet space. Access to the backyard and sizable wooden deck allow hosting and entertaining to flow easily. Additional highlights include a large flex space / bonus room with new vinyl flooring. The bonus room allows for an additional living space, could serve as a game room / TV room, a hobby area, or could also function as an additional bedroom. Adjacent to this room is a private office space graced by large window allowing an abundance of natural light and an enjoyable work from home environment.
A spacious master suite awaits you with its renovated ensuite bath. Two additional secondary bedrooms share a sizable renovated bathroom with updated fixtures and lighting, a walk in tiled shower, and granite countertop vanity with dual sinks. The large bedrooms and generously sized closets within each bedroom are attractive features of this home.
Enjoy the fenced yard complete with mature trees that provide plenty of shade during warm Texas summers. The sizable deck is an ideal location for hosting friends and family. The extra large (unfinished) storage shed is ready to fulfill your desires as a hobby space or an additional storage location with ease of access from the backyard and driveway. Outdoor opportunities are endless in the sizable fenced yard with space to add a garden, a fire p
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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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Magnolia Realty | $250,000 | |
| Listed by Magnolia Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017