3017 Waterfall Drive
About This Property
In addition to it's practical layout, this Fort Worth home boasts a spacious open-concept living area that enhances the flow between the kitchen, dining and living rooms. The kitchen is equipped with modern appliances and ample counter space, making it a hub for family gatherings and cooking. The primary bedroom includes an en-suite bathroom for added privacy, while the other bedrooms are well sized and versatile. The flexible living space provides versatility for various needs, whether you envision a home office, playroom or additional lounge area. Enjoy the welcoming front patio, perfect for relaxing and enjoying the neighborhood. At the back, the covered patio extends your living space outdoors, ideal for entertaining or uwinding in comfort. With its blend of comfort and functionality, this home offers the perfect pleasant and relaxed lifestyle.
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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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Douglas Elliman Real Estate | $405,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Fort Worth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017