513 Rye Circle
About This Property
Welcome to your new sanctuary, nestled in a serene cul-de-sac in the Trails of Oakridge. This exquisite home offers a seamless blend of style and functionality across its well-designed layout featuring four bedrooms, three bathrooms, and a two-car garage.
Upon entering, you're greeted by a spacious family living area that opens beautifully into the dining room and a premium kitchen. The living area features tall ceilings, recessed lighting, and top end fireplace with Herringbone style design with mantle, crown molding, and handsome flooring throughout. The kitchen is equipped with an island that provides additional seating and storage, beautiful countertops, built-in appliances, and a walk-in pantry, making it perfect for both casual meals and elaborate entertaining.
The versatile upstairs space can serve as a fourth bedroom or a second living area, ideal for a game room or extra family room. Additionally, the home includes a bright and airy office, with wonderful natural light and double doors.
The luxurious primary suite offers a private retreat, featuring a well planned bathroom with dual sinks, a walk-in shower, a garden tub, and a generously sized walk-in closet with built-ins. Each bedroom is designed with ample space and storage to meet the needs of family life.
Outside, a covered patio overlooks a large, fenced backyard where privacy and peace are yours to enjoy. This home's location in the acclaimed MIDWAY ISD and its below-market pricing make it an outstanding value and a perfect choice for those seeking a blend of comfort and luxury.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | Listed by Graceland Real Estate | $479,900 | |
| Listed by Graceland Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017