7005 Longford TRL
About This Property
Built in 2017, this home feels anything but cookie-cutter, with refined upgrades like modern lighting, custom mirrors, and carefully selected fixtures throughout. Step out back to a spacious craftsman-style deck and patio spanning nearly 35 feet. The LED-lit pergola easily transitions from a vibrant dinner setting to a cozy space for stargazing.
Situated near highways 130 and 290, this home offers quick commutes to Samsung, Tesla, and other major employers. The community's pool and network of trails make unwinding close to home a breeze. Plus, with carpet replaced in 2022, this home is both move-in ready and sure to impress.
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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 |
|---|---|---|---|
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Compass RE Texas, LLC | $400,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017