3101 Trail Lake Drive
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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%.
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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.
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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 30, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Debra Weber Realty LLC | $539,000 | |
| Listed by Debra Weber Realty LLC | |||
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Modern 1 story recently updated and located in the highly acclaimed Carroll ISD! This home has everything you are looking for: Hardwood floors, (no carpet) high ceilings, updated kitchen featuring granite countertops, stainless steel appliances and built-in hutch. Two beautifully updated bathrooms with granite countertops, double sinks and walk-in showers. Spacious master bedroom with tray ceiling and door to garden patio. Nicely landscaped backyard with covered patio and 45 x 25 sport court. Walking distance to Grapevine lake and parks. Short drive to downtown Grapevine and Southlake Town Center. This one is a must see!!
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| Jun 17, 2019 | No longer available | - | |
| No longer available | |||
| Mar 2, 2019 | Listed | $340,000 | |
| Listed | |||
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OPEN FRIi & SAT Immaculate home with no popcorn ceilings, crown mold & wainscot accents, covered front & back porch, 45x25 ft sport court at rear. Bright living with high ceilings, library paneling & brick accent FP wall. Study or Dining opens into Living & eatin Kitchen. The Kitchen overlooks private backyard & features pantry with pull out drawers, ample cabinet & counter space, breakfast & coffee bar, breakfast room with vaulted wood accent ceiling. 12 ft utility room, long hall bath with dual sinks & linen closet, 2 large front bedrooms with bay windows. Master BR accommodates large furniture, access to 12x8 covered porch & 15x10 bath with his n her closets, 2 vanities, shower & garden tub. The manager has listed the unit size as 1849 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017