349 Enchanted Drive
About This Property
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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 28, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Price Decreased |
$290,000
↓ $32K
(9.9%) | |
| Price Decreased | |||
| Dec 12, 2024 | Price Decreased |
$322,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Sep 30, 2024 | Listed by Weatheread Johnson Realty LLC | $325,000 | |
| Listed by Weatheread Johnson Realty LLC | |||
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Welcome to this delightful home nestled in the coveted Enchanted Oaks community. This home offers an open and spacious layout, perfect for both relaxation and entertaining. Step into the living room with vaulted ceilings and an inviting electric fireplace, creating the perfect cozy ambiance. The kitchen comes equipped with all appliances, and the washer, dryer, and refrigerator convey with the sale on a separate non-realty addendum, making your move-in seamless. The primary suite is complete with private access to a sitting area in the fully fenced backyard with rubber wrapped chain link fence. Living in Enchanted Oaks means enjoying amenities, including a community boat ramp, park and pool. Its pristine location offers easy access to Highway 175, making for a quick and convenient 45-minute commute to Dallas. Don’t miss your chance to own this charming home in a vibrant community!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017