2108 Covered Wagon Drive
About This Property
Updates include newer windows, recent roof, and granite countertops in kitchen. New heat pump was installed in 2022. Spacious layout has large living space with front and back windows and a fireplace. The efficient kitchen has a good-sized dining area with a patio door to the covered patio and deck, perfect for outdoor grilling and entertaining. The oversized primary bedroom has a walk-in closet and a nice sized en-suite full bathroom. Two more bedrooms and a 2nd full bath complete this home. Full yard in-ground sprinkler system and 2 car garage. Welcome to your new home!
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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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | Listed by RE/MAX Dallas Suburbs | $389,000 | |
| Listed by RE/MAX Dallas Suburbs | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017