295 Dry Creek RD
About This Property
This spacious 2 story home features 4 generously sized bedrooms, including a primary suite conveniently located on the main floor as well as a large dedicated office, formal living and dining room and lovely open kitchen family room. There are amazing windows throughout the space with tall ceilings, giving the home a grand yet cozy feel. Upstairs you will find 3 more spacious bedrooms, all with walk-in closets and one room with an ensuite full bathroom. There is also a hall bath plus a large bonus room all on the second floor.
The heart of the home, the kitchen, showcases professionally painted cabinets adorned with soft-close hinges, offering both functionality and style, a new backsplash and overlooks to the large family room with a cozy fireplace and custom built-in cabientry.
The recent renovations include a new roof, a fresh coat of paint enveloping the entire home, exuding a sense of renewed elegance, a lovely new front door, night lighting in all 4 bathrooms and plantation shutters throughout.
Experience the tranquility of backing onto greenspace, where lush foliage provides a natural backdrop for serene outdoor living.
Indulge in the unparalleled lifestyle offered by this meticulously updated home, where modern conveniences harmonize with timeless elegance in the vibrant gated community of Highpointe.
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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 |
|---|---|---|---|
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Compass RE Texas, LLC | $775,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017