3502 Barnacle DR #AB
About This Property
2020-built duplex in west Killeen with two 1,546 sq. ft. units, each offering 3 bedrooms, 3 full bathrooms, and an attached garage. One unit is leased through April 2027, while the second became vacant only last week after a history of consistent tenant occupancy-giving the next owner the opportunity to place a new tenant and set rent at current market levels.
The property has achieved rents of up to $1,650 per unit, representing potential gross rental income of approximately $3,300/month or $39,600/year at that rent level.
Situated on a desirable corner lot backing to a greenbelt, the property offers added privacy and an attractive setting. Both units feature central HVAC, hard-surface flooring, washer/dryer hookups, attached garages, and kitchens with refrigerator, oven, microwave, and dishwasher.
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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%.
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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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$399,000
↓ $21K
(5%) | |
| Price Decreased | |||
| Aug 22, 2026 | Listed by Myte Realty | $420,000 | |
| Listed by Myte Realty | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017