28 Long Creek RD
About This Property
Thoughtfully maintained, with a newer roof, newer appliances, and evident pride of ownership, the home features 3 spacious bedrooms and 2 full baths. Soaring vaulted ceilings grace the living room and primary bedroom, creating a bright, open feel, while stained concrete floors add character throughout. The upgraded kitchen is both stylish and functional, and the smart layout keeps the secondary bedrooms tucked quietly away from the main living spaces.
Outside, enjoy the charm of a welcoming front porch, a long back patio shaded by majestic heritage oaks, and a stone seating area nestled under a canopy of trees. With a detached 2-car garage, storage shed, very light restrictions, and no limits on short-term rentals, this property offers flexibility - whether as a beloved home or a great investment opportunity.
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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 |
|---|---|---|---|
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 4, 2025 | Listed by Compass RE Texas, LLC | $715,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017