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344 Nene LN
About This Property
This beautiful one-story home exudes charm and comfort, embodying the perfect blend of country living and modern elegance. Inside, the spacious family room boasts an inviting fireplace and a stunning wall of windows, flooding the space with natural light and offering picturesque views. The kitchen is designed for both functionality and socializing, featuring a large island, custom wood cabinetry, and a bright dining area that feels open and airy. The primary suite offers a serene retreat, complete with a luxurious bathroom. You'll find an extra-large walk-in shower, a separate soaking tub, and plenty of space to unwind. Outside, a large, covered porch invites relaxation while overlooking a lightly wooded backyard, offering a peaceful and private setting. There's also a charming, lofted shed, providing extra storage space. Overall, this home is move-in ready.
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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 |
|---|---|---|---|
| Feb 2, 2025 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | Listed by Keller Williams - Lake Travis | $390,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017