509 Indian TRL
About This Property
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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 |
|---|---|---|---|
| Apr 24, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Listed by Spyglass Realty | $799,000 | |
| Listed by Spyglass Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 1, 2020 | In contract | - | |
| In contract | |||
| Jun 23, 2020 | Listed | $629,900 | |
| Listed | |||
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Exquisite and spacious, this 2 Story, 4 bedroom, 4.5 bath home with multiple living and dining areas, a private office, large master bathroom, high ceilings, relaxing pool and much more is located in the desired Salado Creek Place subdivision, only a few minutes walk to downtown Salado. This former Parade of Homes custom home has been carefully maintained over its lifetime and it shows throughout. From the light filled, high ceiling entry and beamed living room to the spacious bedrooms and living space upstairs, you can tell this home was built with exhaustive design and craftsmanship in its entirety. In the exterior, the .68 acre partially wooded lot offers privacy from neighbors on both sides. Make your appointment today to view this beautiful home in one of the most desired areas of Salado! The manager has listed the unit size as 4000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017