607 Bluebonnet Drive
About This Property
Freshly painted throughout, this home feels bright, clean, and inviting. Removing a partial wall between the living and dining areas created a spacious open layout with a newly added granite breakfast counter-perfect for casual dining and entertaining.
High ceilings, abundant natural light, modern lighting, and smooth ceilings (popcorn ceilings removed) add to the contemporary feel. A 7-foot-high sparkling quartz stacked-stone fireplace creates a distinctive focal point. The updated kitchen features granite countertops, porcelain tile flooring, appliances approximately two years old, and an externally vented range hood to help remove cooking odors and smoke. Engineered bamboo flooring extends through the living room and two bedrooms, combining durability, sustainability, and modern style. The primary bedroom has recently installed carpet. Both bathrooms feature custom vanities and porcelain tile flooring; the second bathroom also has a contemporary barn door.
Enjoy a private backyard retreat with a generously sized chlorine pool, two raised wooden decks, washed-terrazzo pool decking, and an approximately 20' x 14' covered patio. Enjoy sunny summer days or relax outdoors while listening to the rain. The patio offers a comfortable place to unwind and entertain year-round, from morning coffee to peaceful evenings by the pool.
A decorative marble-chip stone walkway adds visual appeal and provides a durable, low-maintenance path to the mini-storage area. The backyard has no lawn to mow; two flower beds offer planting space, and a sprinkler system serves the areas around the home and flower beds.
The front lawn is professionally maintained with regular mowing and weed control. A new roof was installed in September 2026.
Nestled in Green Gate, a charming, tree-lined community with a peaceful setting, near Watters Creek shopping and dining, schools, and major highways.
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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 19, 2026 | Listed by Listing Results, LLC | $375,000 | |
| Listed by Listing Results, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017