5405 Tama Drive
About This Property
Step inside to find an open-concept layout. The spacious living area features updated floors that complement the crown molding, and wood burning fireplace. The kitchen is spacious, with ample amount of granite counter tops, kitchen appliances complete with a refrigerator, making your move a breeze. Enjoy an abundance of natural light enhanced by contemporary light fixtures throughout the home.
Retreat to the tranquil bathrooms where luxury rain showers offer a spa-like experience, ensuring relaxation after a long day. Each bedroom provides ample space and comfort, making them a delightful personal retreat.
Outside, the property continues to impress. The backyard is a true sanctuary, equipped with a unique outdoor shower perfect for pets or refreshing post-gardening. Enjoy evenings on the covered patio, complete with a ceiling fan and TV, ideal for entertaining guests or simply unwinding. Enhanced by access lights, the serene ambiance extends well after dusk.
Practical features add to the home's allure, with a newly floored attic for additional storage, and a 2024 roof offering peace of mind. The spacious two-car garage provides convenience and security for your vehicles.
Experience a blend of comfort, convenience, and outdoor enjoyment in this delightful Waco home. This home is a must see!!!
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Cap Rate Calculator
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 1, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Price Decreased |
$274,999
↓ $10K
(3.5%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$284,999
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed by Coldwell Banker Apex, REALTORS | $290,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017