3125 Wind Knot Way
About This Property
Experience luxury in this exquisite former Highland Home, now available in the Creekshaw community within Royse City ISD. This sophisticated residence features an expansive garage, perfect for larger vehicles. Inside, enjoy grand living spaces with soaring ceilings and elegant LVP floors. The gourmet kitchen boasts quartz countertops, upgraded pendant lighting, a chic backsplash, and a dedicated coffee or wine bar area. The main floor primary suite offers vaulted ceilings and a spacious walk-in closet. A secondary first-floor bedroom and full bath provide an ideal setup for multigenerational living or a private home office. Upstairs, discover two additional bedrooms, a bath, a large game room, and a versatile loft space, perfect for relaxation or entertainment. Included in the sale are a refrigerator, washer, and dryer. This meticulously maintained home is only one year old and includes a full builder warranty that is valid until August.
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$339,000
↓ $21K
(5.8%) | |
| Price Decreased | |||
| Jul 11, 2024 | Price Decreased |
$359,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Jul 5, 2024 | Listed by CENTURY 21 Judge Fite Co. | $379,900 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017