517 Galt Drive
About This Property
Discover luxury and convenience in these brand new townhomes, perfect for local students or families. This unit features 3 bedrooms, 2.5 baths, and one car garage. Enjoy spacious layouts and high end finishes that showcase exceptional style and craftsmanship. Ideally located near shopping, dining, and Tarleton State University, including the baseball and softball fields and stadium. Experience the perfect blend of comfort and prime location!
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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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by CLARK REAL ESTATE GROUP | $315,000 | |
| Listed by CLARK REAL ESTATE GROUP | |||
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About Stephenville
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 21024061
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