5031 Brooklet Boulevard
About This Property
Upon entering the home, you'll be greeted by an open floor plan that's flooded with natural light. The vaulted ceilings and light fixtures provide the perfect ambiance for relaxing evenings at home. Large windows throughout the house let in plenty of sunlight and offer beautiful views of the surrounding neighborhood. The game room upstairs is ideal for entertaining guests or enjoying family game nights. Meanwhile, the dining room downstairs offers an elegant space for hosting formal dinners or intimate gatherings. The kitchen is a dream come true with quartz countertops, stainless steel appliances, and white cabinetry that gives it a clean look. The master bathroom boasts a double vanity, large garden tub, and walk-in shower.
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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 8, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Bray Real Estate Group | $425,000 | |
| Listed by Bray Real Estate Group | |||
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About Rockwall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017