376 Papaya DR
About This Property
The popular Taylor Morrison Rhapsody plan features 3 spacious bedrooms, with a main-level primary suite filled with natural light. The en-suite bath includes a walk-in shower, dual vanities, and a generous walk-in closet.
The open-concept kitchen and living area is ideal for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, a gas range, pantry, and ample cabinetry. The kitchen flows seamlessly into the dining area and great room, with direct access to a covered patio and a spacious, fenced backyard, ready for your personal touch.
Upstairs, you'll find two additional bedrooms, a full bath, and a versatile flex space perfect for a game room, office, or media area.
Upgrades include wood-look tile flooring, enhanced lighting fixtures, custom cabinetry with soft-close features, smart home technology, custom window treatments, and energy-efficient windows.
This home also offers a rare 5.125% assumable loan, providing a valuable opportunity for qualified buyers.
Located in Sunfield, residents enjoy exceptional amenities including resort-style pools, parks, playgrounds, walking trails, and a vibrant community atmosphere with regular events. Conveniently situated near Austin with easy access to shopping, dining, and major roadways.
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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 |
|---|---|---|---|
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by Coldwell Banker Realty | $369,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 19, 2023 | Listed by Alexander Properties | $374,670 | |
| Listed by Alexander Properties | |||
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REPRESENTATIVE PHOTOS ADDED! Built by Taylor Morrison. April 2024 Completion! The Rhapsody in Sunfield! Just inside the foyer, you’ll find a hallway to a guest bath and utility room. Past the foyer is a spacious kitchen. Further down you enter the dining area, which opens to the great room. The airy kitchen features a pantry and a center island. On the opposite side of the open kitchen is an expansive great room. The owner's bedroom is tucked away for optimal privacy. The bath features a large shower and a separate commode area that has a privacy door. You also have a second sink for a two-person vanity. Upstairs features two more bedrooms, a full bathroom with tub/shower and large bonus room. Design upgrades feature cabinetry, flooring, and countertops. Structural options include: Covered patio, stair railing and water softener loop in the garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017