5703 Mandalay Drive
About This Property
This 4-bedroom, 2-bathroom high energy efficient home with mudroom-laundry garage entryway, has been thoughtfully designed with modern convenience and classic charm. New roof, new HVAC and ductwork with foam insulation and PAID IN FULL at closing Solar Panels!
A high ceiling vestibule welcomes you through the front door and into the spacious open floor plan design.
Perfect for entertaining and hosting, the layout seamlessly flows from the living to dining, into the kitchen.
The kitchen features a nice pantry, countertops, cabinets and ample storage space. Some appliances convey with easy access to the mud room-laundry room leading into the two car garage.
The isolated master suite bathroom has dual vanities with his and her closets, separate tub and shower.
The spacious two car garage with fully functional overhead door leads into the mudroom utility space with laundry room immediately at entry leading into the kitchen.
Unload groceries with ease and unaffected by inclement weather walking straight into your kitchen.
Enjoy a fully privacy fenced backyard with back covered patio as you sit watch the kids and fur babies safely at play.
This lovely home is centrally located near 8 minutes to Killeen Regional Airport, Army Darnell Hospital, Shopping, Restaurants and just a few minutes to Iduma School and Iduma Park...
Don't miss out on the opportunity to make this stunning property your new Home Sweet Home!
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Dec 30, 2024 | Listed by Arise Capital Real Estate | $244,900 | |
| Listed by Arise Capital Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017