350 Preston Road
About This Property
The kitchen features quartz countertops, custom cabinetry, stainless steel appliances, and a large island overlooking the living and dining areas. The private primary suite includes a walk-in closet and ensuite bath with a beautifully tiled walk-in shower.
Enjoy a large, fenced backyard with plenty of space for entertaining, pets, or play. Conveniently located near schools, shopping, and dining, with quick access to Hwy 175 for an easy commute to Dallas.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$247,999
↓ $1
(0%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$248,000
↓ $250
(0.1%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$248,250
↓ $250
(0.1%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$248,500
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$249,999
↓ $1
(0%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017