242 Sugarloaf Avenue
About This Property
The inviting living room features a stunning wood-burning fireplace with beautiful built-ins, creating a warm and welcoming space to relax or entertain. Beautiful flooring flows throughout the home, while the spacious primary suite boasts updated floors, dual sinks, and a private ensuite with a separate soaking tub and shower.
Step outside to an extra-large backyard that's perfect for entertaining, hosting summer BBQs, or just wanting some space to run around in the yard. The roof was replaced in 2023, offering added peace of mind for years to come.
Whether you're searching for your first home or simply looking for a move-in-ready property in a fantastic neighborhood, this home checks all the boxes with its great layout, spacious yard, and unbeatable location in Wylie ISD.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017