509 Queensway Road
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 |
|---|---|---|---|
| Feb 12, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | Listed by Keller Williams Heritage West | $545,000 | |
| Listed by Keller Williams Heritage West | |||
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Welcome to this beautiful ranch style home sitting on the most stunning .9 park-like acres in Aledo ISD! This completely update home features a stunning living area with soaring cathedral beamed ceilings, warm wood floors, and a wood-burning fireplace. The spacious kitchen is a dream for any home chef, showcasing custom wood cabinetry, granite countertops, a beautiful formal dining room and breakfast area. Your private primary suite feels like a retreat with its large walk-in shower, soaker tub, and an impressive custom walk-in closet. 3 split secondary bedrooms with large guest bath. Enjoy endless Texas sunsets and sunrises from your sparkling diving pool with incredible privacy in the massive backyard. Gorgeous scattered trees and serene setting. A greenhouse and 16x16 storage shed offer extra space for projects and hobbies, while the incredible newly added 30x35 shop with electricity is ideal for equipment, toys, or your workshop needs. With its thoughtful updates, acreage, and unbeatable location within Aledo ISD, this property is the complete package all under 2 minutes from shopping, dining, and entertainment.
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| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by 4D Real Estate Group | $439,000 | |
| Listed by 4D Real Estate Group | |||
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Totally updated home in Aledo ISD! Home has tons of space and features a cozy living area with soaring ceilings, remodeled kitchen with granite countertops and stainless appliances, awesome master bath with large walk in shower and soaker tub! All new wood floors and carpet as well as new septic. Huge fenced backyard with in ground diving pool and sprinklers to keep yard looking great! Huge utility room with cabinets for extra storage and two outbuildings! This one has it all and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017