205 Wayne Drive
About This Property
Key features:
* 3 spacious bedrooms: The primary suite has an extra room for a nursery, home office, or sitting area.
* 2 full bathrooms
* 2 dining areas
* Open-concept living room: Centered around a stone fireplace.
* 2-car garage
* Central AC
* Durable laminate flooring
* Recent upgrades: Floors replaced in 2026, windows changed in 2023, interiors painted in 2023 (walls, doors, and cabinets)
Includes: refrigerator, dishwasher, electric cooktop, electric oven, tankless water heater, and microwave.
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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 8, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Listed by Beycome Brokerage Realty LLC | $375,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Apr 6, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by Texas Connect Realty, LLC | $400,000 | |
| Listed by Texas Connect Realty, LLC | |||
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Aledo ISD! NO HOA! Traditional home with 3 bed 2 bath and 1,954 Sqft. Fabulous curb appeal with swing drive. Primary bedroom has additional space that works great for a nursery or sitting area. Open concept living with a stone fireplace. Split bedrooms. Spacious backyard with plenty of room to add a pool. Tankless water heater. All windows were replaced in Jan 2023! Walking distance from Aledo Middle School and Vandagriff Elementary! Plus a short 3 mile commute to major highways! Don't miss out!**Seller is offering a 2-1 rate buydown, with full asking offer!**
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Last Updated: 24 days ago
Data Source: NTREIS MLS, MLS# 21347312
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017