The Waverly Elevation B is a spacious two-story home designed to
balance style, comfort, and everyday functionality. Standard
10-foot ceilings and abundant windows create a bright, open
atmosphere throughout the main living areas. The kitchen flows
naturally into the dining and family rooms, creating an inviting
space for entertaining and time together. A dedicated home office
provides a quiet, professional setting for remote work, studying,
or managing daily tasks. The downstairs primary suite offers added
privacy, while the secondary bedrooms and flexible upstairs living
space provide plenty of room for family and guests. A convenient
mudroom, walk-in pantry, and 2-car garage help keep everyday life
organized.
Located in Sage Hollow, residents enjoy wide, pedestrian-friendly
sidewalks, a neighborhood pool, dog park, family-friendly
playscape, and more than seven acres of dedicated recreational
space. With convenient access to downtown Kyle, Kyle Marketplace,
local parks, and Plum Creek Golf Course, the Waverly offers
generous living space in a welcoming and thoughtfully planned
community.
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.
Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Double Vanity, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Ceiling-High, Multiple Living Areas, Primary Bedroom on Main, Study/Home Office
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater
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