620 Fall Wheat Drive
About This Property
Situated on a large lot, this home offers both curb appeal and functionality with a 3-car garage and J-swing driveway, providing plenty of parking and a polished, welcoming look.
Step outside to your very own backyard oasis featuring a large flagstone patio with a grilling area, pergola, and outdoor fireplace-ideal for year-round entertaining. The 8-foot board-on-board fence has been freshly restained for privacy and a clean, updated look, and all landscaping has been newly added or replaced for exceptional curb appeal.
Inside, you'll find hardwood flooring, plush carpet, and plantation shutters throughout, blending comfort with timeless elegance.
The neighborhood HOA offers an abundance of amenities including a park, playground, greenbelt, walking trails, creek, community pool, and basketball courts. Golf enthusiasts will love the municipal courses in every direction, and you'll enjoy easy access to I-75, George Bush Turnpike, and Highway 78. Southfork Ranch and plenty of shopping and dining options close!
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Listed by Keller Williams Legacy | $720,000 | |
| Listed by Keller Williams Legacy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017