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3837 Skyview WAY
About This Property
The primary bedroom overlooks the backyard and has a lovely tray ceiling. The ensuite bathroom has double vanities with granite counters, a soaking tub, a walk-in shower with rain shower head, and two walk-in closets. There is an office at the front of the home, and there are three secondary guest bedrooms along with two full and one half guest bathrooms. These rooms are all located towards the front of the home, completely separate from the primary suite.
The home has been lovingly maintained, and the interior beauty extends outdoors. There is a covered back patio for enjoying meals, coffee, and of course, the greenbelt views! Dogs and kids can enjoy the ample green space in the fenced backyard, and the home has beautiful landscaping.
Not to miss are the Mayfield Ranch amenities, including multiple pools, a playground, common areas, an amenity center, and more. Convenient to 1431, Sam Bass Rd, and 1-35. Schedule a showing today!
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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 |
|---|---|---|---|
| May 14, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Compass RE Texas, LLC | $650,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017