261 Briarwood
About This Property
2,164 sq. ft. home on 0.65 acres with 3 bedrooms, 3 full baths plus an office. Kitchen has large island, two ovens and a walk-in pantry. Kitchen opens to living room and breakfast room. Living room has gas log fireplace. Master bedroom has large walk-in closet, separate shower and tub, double vanity sinks. Guest bathroom also had double vanity sinks. Covered front and back porches. Insulated windows, foam insulation, quality vinyl plank flooring, tile showers and back splash. Gas cooktop, tankless water heater, gas logs and gas heat. Great location -only 1.8 miles from Rains High School; easy access to US Hwy 69 (Greenville or Mineola), State Hwy 19 (Sulphur Springs or Canton) and Hwy 276 (Quinlan and Rockwall).
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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 |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | No longer available | - | |
| No longer available | |||
| Sep 22, 2022 | Listed by Lone Star Realty | $399,000 | |
| Listed by Lone Star Realty | |||
| Jul 24, 2022 | Listed by Lone Star Realty - Lake Fork | $399,000 | |
| Listed by Lone Star Realty - Lake Fork | |||
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New construction in Briarwood Estates in Emory, TX. 2,164 sq. ft. home on 0.65 acres with 3 bedrooms, 3 full baths plus an office. Kitchen has large island, two ovens and a walk-in pantry. Kitchen opens to living room and breakfast room. Living room has gas log fireplace. Master bedroom has large walk-in closet, separate shower and tub, double vanity sinks. Guest bathroom also had double vanity sinks. Covered front and back porches. Insulated windows, foam insulation, quality vinyl plank flooring, tile showers and back splash. Gas cooktop, tankless water heater, gas logs and gas heat. Great location - only 1.8 miles from Rains High School; easy access to US Hwy 69 (Greenville or Mineola), State Hwy 19 (Sulphur Springs or Canton) and Hwy 276 (Quinlan and Rockwall). The manager has listed the unit size as 2164 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017