3706 Monks Trail
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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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 2, 2025 | Listed by Real | $150,000 | |
| Listed by Real | |||
| Feb 20, 2025 | Listed by Real | $735,000 | |
| Listed by Real | |||
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Build your dream home on this stunning lakeview lot in the highly sought-after Canterbury Cove community! Nestled along the shores of Lake Ray Hubbard, this custom-built home will feature high-end finishes, exquisite craftsmanship, and an open-concept design tailored to your vision. With a 4 to 6-month build time, you'll have the opportunity to personalize finishes and create a home that truly reflects your style.
Enjoy serene greenbelt views from your expansive front porch and relax on the private balcony overlooking the lake, perfect for sunrise coffee or evening unwinding. This front porch community offers a welcoming neighborhood feel, with easy access to walking trails, the lake, and all the beauty Rowlett has to offer. This location offers a quick, 40 minute commute to Dallas and is easily accessible to Hwy 30 and 190. Enjoy a quick drive to the Harbor for shopping, dining and lake activities!
Don’t miss this chance to build a one-of-a-kind luxury home in a prime lakefront location! Reach out today to start planning your dream home!
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About Rowlett
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20890510
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017