40
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4711 Madrid DR
About This Property
Inside, sunlight pours into a thoughtfully designed layout featuring an elegant formal dining room and an expansive family room built for easy living. The heart of the home is a chef-inspired island kitchen equipped with a breakfast bar, cozy breakfast nook, and abundant natural light.
Rest and relaxation await in the main-level primary suite, complete with a spa-like ensuite bath. Upstairs, you'll find a versatile bonus room and three secondary bedrooms served by two full baths, including one with dual vanities for added convenience.
Step outside to your private outdoor paradise, where a covered and extended back patio overlooks a privacy-fenced backyard featuring a trendy cowboy pool and built-in fire pit for ultimate evening relaxation.
Perfectly situated just minutes from the neighborhood park and local elementary school, this location offers effortless access to Williams Drive, HEB, premier shopping, and dining.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Price Decreased |
$486,900
↓ $15K
(3%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Watters International Realty | $501,900 | |
| Listed by Watters International Realty | |||
| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
| May 22, 2021 | Listed by Keller Williams - Georgetown | $421,000 | |
| Listed by Keller Williams - Georgetown | |||
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Need space? Here's the home for you! The large family room downstairs and bonus room upstairs, plus the front room that can be used as an office, dining room, music room, sitting room, or whatever you need offers lots of flexibility. Wood grain porcelain tile in downstairs living areas draws you into this freshly painted house. The large kitchen opening to the family room features granite, stainless, a Texas-sized island, and a generous-sized area for casual dining. The three upstairs bedrooms with two full baths also offer a variety of possibilities to accommodate your lifestyle. Primary bedroom is located downstairs for convenience and privacy. From your back porch swing, enjoy relaxing or cheering on friendly competitions in your large, fenced yard. Located in popular Georgetown Village, this will be a great home for enjoying the lazy days of summer. Act now so you don't miss out. The manager has listed the unit size as 2828 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017