3409 Azalea Blossom DR
About This Property
Meticulously cared for, this home features high ceilings with large windows and abundant natural light throughout, built-in storage, recessed lighting, and so much more! The gourmet kitchen is the heart of the home with the large center island, breakfast bar, and stainless steel appliances. Enjoy holidays and gatherings while never missing a conversation from the kitchen while overlooking the family room! The breakfast nook is spacious enough for every day meal, while the formal dining room gives you the space to enjoy a more upscale dining experience!
The primary owner's retreat features an ensuite bathroom with double vanity, walk-in shower, separate garden tub and upgraded walk-in closet with private access to the backyard- just steps away from the covered hot tub! The dedicated office is perfectly tucked away towards the front of the home for privacy when working from home. 3 secondary bedrooms upstairs all with generous closet spaces and 2 full baths. Additionally, the second living area upstairs is perfect for a large game room with an adjoining media room! Enjoy the great outdoors with the built in grill while dining al fresco under the covered patio or in the hot tub under the gazebo. Create endless memories with friends and family under the beautiful Texas skies! 3 car garage easily accessed from the side of the home with plenty of parking in the driveway! Zoned to the award winning trio of schools- Baranoff, Bailey, and Bowie.
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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 |
|---|---|---|---|
| May 9, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Price Decreased |
$1,095,000
↓ $85K
(7.2%) | |
| Price Decreased | |||
| Apr 18, 2024 | Listed by The Davis Company | $1,180,000 | |
| Listed by The Davis Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017