406 Prairie Run
About This Property
Step inside to soaring ceilings and designer touches throughout, including new brick floors in the dedicated office, custom lighting, and upgraded cabinetry that extends to the ceiling. The eat-in kitchen is a chef's dream with gas cooking, double ovens, a walk-in pantry, and an open flow to the main living area, complete with a cozy gas fireplace. Outdoor entertaining is easy with the extended, covered back patio with TV hook-ups and ceiling fans, overlooking a large, flattened backyard with a built-in playground.
The primary suite features tray ceilings with a ceiling fan, an oversized frameless shower with rain shower head, huge soaking tub, separate vanities, a walk-in closet, and sitting area. Upstairs, you'll find 3 bedrooms, 2 full baths and a large second living room plus an additional sitting area, offering flexible space for larger households, guests, entertaining, work or play.
With designer finishes and thoughtful upgrades throughout, this home is a standout in one of Aledo's most welcoming communities.
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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 9, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Listed by Williams Trew Real Estate | $695,000 | |
| Listed by Williams Trew Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017