315 Gum Tree Way
About This Property
Step inside to soaring ceilings, abundant natural light, and a thoughtful open-concept floor plan perfect for entertaining. The chef's kitchen features granite countertops, a large island, walk-in pantry, and plenty of cabinet space. The downstairs primary suite includes a spa-like bath with dual vanities, a soaking tub, and a huge walk-in closet.
Upstairs offers 3 additional bedrooms, 2 full baths, a flexible game room– ideal for movie nights, homeschooling, or guests. The backyard is private and ready for your personal touch.
Zoned to highly-rated Wylie ISD, Walkable to parks & trails, Minutes from shopping, dining, and Lake Lavon
Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$559,500
↓ $500
(0.1%) | |
| Price Decreased | |||
| Aug 21, 2025 | Price Decreased |
$560,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 15, 2025 | Relisted | $565,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017