5315 Castlebury Meadows Drive
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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 4, 2026 | Listed by Trailview Realty | $257,000 | |
| Listed by Trailview Realty | |||
| Aug 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 25, 2026 | Listed by Trailview Realty | $257,000 | |
| Listed by Trailview Realty | |||
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This beautiful one-story home in Breckenridge Forest East features an open-concept layout with a welcoming foyer, spacious living room, island kitchen, and a private primary suite with a large walk-in shower—perfect for both comfortable living and effortless maintenance. Beyond the home’s quality finishes and prime location near I-45 and the Hardy Toll Road, it offers an exceptional turnkey opportunity for investors seeking immediate, reliable cash flow. The property is currently tenant-occupied with a lease secured at $1,900/month through April 2027, providing long-term stability and a seamless transition for any portfolio in a high-demand community.
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| Nov 3, 2024 | No longer available | - | |
| No longer available | |||
| Oct 9, 2024 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017