4053 Betty PL
About This Property
This home offers a rare opportunity to personalize at a low entry price point in one of Salado's most exclusive neighborhoods. Inside, you'll find 4 spacious bedrooms, 2 full baths, and a flexible floor plan with two living areas. One features a cozy fireplace, perfect for chilly evenings, while the second living room is wrapped in windows that beautifully showcase the peaceful, wooded backyard-your private retreat right at home.
You'll also enjoy two dining areas, ideal for entertaining or family gatherings, and a brand-new roof that adds lasting value and peace of mind.
As a bonus, the property features a huge 35x60-foot workshop with a concrete slab and electricity-perfect for a business, hobby space, storage, or whatever your heart desires.
And you're only a 4-minute drive from the heart of Salado, with its historic charm, local boutiques, art galleries, and restaurants.
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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 |
|---|---|---|---|
| Aug 3, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Keller Williams Realty | $355,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017