333 Bluebonnet Circle
About This Property
The interior was built for post-covid quiet sectioned spaces living but a general contractor could easily modify the space for an expanded kitchen with large island that opens to the living area maintaining the wood burning fireplace and flanking windows as the focal point. Make no mistake this home is priced to sell even with the modest renovations and updates needed on this half-acre lot in this desirable area on the outskirts of Waco, Texas.
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by NextHome Our Town | $325,000 | |
| Listed by NextHome Our Town | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017