216 Indian Grass CV
About This Property
The home features four spacious bedrooms, thoughtfully arranged for privacy and functionality. One of the secondary bedrooms is tucked away from the others and offers its own private ensuite bath - perfect for guests, multigenerational living, or a private retreat. The stunning primary suite boasts a spa-like bath and serene views of the backyard.
The heart of the home is the amazing kitchen - designed for both everyday living and entertaining - with an oversized island, breakfast bar seating, and generous storage.
A perfectly situated bonus room offers flexibility as a second home office, media room, or additional living space. The dedicated home office at the front of the home provides a quiet space for work or study.
The expanded three-car garage includes a tandem bay, ideal for a workshop, gym, or additional storage space.
Step outside to the spacious covered patio and experience the peaceful feel of living in a treehouse - surrounded by mature trees that offer beauty and privacy. The private backyard provides ample room for a pool or outdoor living space, making it a true retreat.
Impeccably maintained and barely lived in, this home is nestled on a quiet cul-de-sac and offers a rare blend of luxury, comfort, and functionality - all within minutes of local amenities.
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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 |
|---|---|---|---|
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by Compass RE Texas, LLC | $975,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017