2426 Homewood Trail
About This Property
This charming 3-bedroom, 2-bathroom home offers 980 sqft of living space and is situated in a fantastic location. With ample potential, this property awaits your creative touch to transform it into a dream home. It features spacious rooms and a practical layout, perfect for a visionary homeowner or savvy investor!
Located in a prime area, this property is close to a variety of restaurants and major attractions, including Lake Arlington, Globe Life Field, Choctaw Stadium, and AT&T Stadium, providing endless opportunities for recreation and entertainment.
A bit of TLC is needed to restore its former splendor. Bring your ideas and make this home truly yours!
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by eXp Realty LLC | $250,000 | |
| Listed by eXp Realty LLC | |||
Property Highlights
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Price/ft²
Listed On
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017