5911 Broadacre Drive
About This Property
The sellers have taken care of the finishing touches, including a beautifully finished garage with epoxy flooring, painted walls, and baseboards. The covered back patio features an added ceiling fan, perfect for enjoying Texas evenings, while the concrete on both the back patio and front porch has been sealed for years of beautiful enjoyment. ANOTHER BIG BONUS? The sellers have already had the home inspected, and the inspection report is available for buyers to review! That's added transparency before you even make an offer. Originally purchased as a personal residence and occupied for only a few months, this home has seen very little use. Now, the opportunity to enjoy it belongs to you! Why wait for a new build, pay more, and then spend additional money on upgrades? This move-in-ready Meritage home offers the popular Oleander layout, completed improvements, and exceptional value at $300,000.Quartz countertops, LVP flooring, flex space for an office or extra dining, walk in closet, window blinds, refrigerator, washer and dryer, tankless water heater, garage door opener, and much more. Enjoy all the fabulous community features, including pool, clubhouse, basketball court and trails. The home and community are perfect for you! Nearly new home. Nicely upgraded for your enjoyment. Priced to move. Schedule your showing before someone else discovers this opportunity!
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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 |
|---|---|---|---|
| Oct 31, 2026 | Listed by Local Realty Agency | $300,000 | |
| Listed by Local Realty Agency | |||
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 9, 2026 | Price Increased |
$332,372
↑ $2K
(0.5%) | |
| Price Increased | |||
| May 2, 2026 | Price Increased |
$330,872
↑ $1K
(0.3%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017