4048 Alderbrook Lane
About This Property
The master suite offers a peaceful retreat, featuring tranquil backyard views and a spa-like ensuite bath. A media room and dedicated space for a home office ensure this home adapts effortlessly to your lifestyle.
Step outside to your beautiful backyard, complete with a covered patio perfect for entertaining and a sparkling pool to cool off on warm Texas days. With a brand-new roof installed in October 2024 and located in the highly sought-after Northwest ISD, this home offers peace of mind and convenience.
Minutes from shopping, dining, and parks, this property isn't just a house-it's the lifestyle you've been waiting for. The seller is motivated, making this an exceptional opportunity to make your dream home a reality. Don't let this one pass you by-schedule your tour today and envision the possible.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$590,000
↓ $9K
(1.5%) | |
| Price Decreased | |||
| Oct 22, 2024 | Price Decreased |
$599,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Oct 15, 2024 | Price Decreased |
$613,999
↓ $1K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017