502 Railey Cove
About This Property
The galley kitchen boasts stainless steel appliances and a bright breakfast area, with a convenient pocket door leading to a separate laundry room complete with built-in cabinets. The spacious master suite includes separate vanities, a separate shower, and two walk-in closets.
This home is within walking distance to the elementary school and a beautiful city park with walking paths. It's also conveniently close to shopping, local restaurants, and major commuting routes. Fort Worth and Lockheed Martin are both approximately a 30-minute drive away.
Whether you're a first-time buyer, looking to downsize, or searching for a comfortable family home, this property is an excellent choice.
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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%.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by CENTURY 21 Judge Fite Co. | $269,900 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Apr 30, 2023 | Listed by Anne Land Real Estate | $264,500 | |
| Listed by Anne Land Real Estate | |||
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In the heart of Springtown on a cal-de-sac one will find this 3 split bedroom home with open floor plan, large living area, double car garage and fenced backyard with large covered porch for children to play and parents to relax. Galley kitchen features SS appliances with breakfast area, pocket door entry to separate laundry room with built-in cabinets. Master bathroom features, separate vanities and separate shower with two walk in closets. This home is walking distance to elementary school, city park with walking paths and close to shopping and local restaurants. Driving to Fort Worth or Lockheed Martin is approximately a 30 minute drive. This home is good home for the first time buyer or someone who wants to down size or for a family in general. Refrigerator stays with home.
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Property Highlights
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About Springtown
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21232219
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017