7012 Tree Stand Point
About This Property
This beautiful American Legend 2-story estate in Union Park is a must-see! Walking into this amazing home you will see an open floor plan, great for entertaining. The master bedroom is downstairs along with an office or 4th bedroom conversion. Upstairs has the 2 bedrooms with a game room, great for a family! This home provides many windows boasting a lot of natural light! Enjoy your covered patio and large backyard with fun-filled weekend activities! This Union Park Master Community offers many events and amenities, from pools to food trucks, allowing plenty of opportunities for the family to enjoy!
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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 19, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Berkshire HathawayHS PenFed TX | $439,900 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Prepare to fall in love with this incredible 3 bedroom, 2.5 bathroom home! This two-story home in the established Union Park Community checks all the boxes! This home opens into a spacious living area with high ceilings, a banister staircase, and windows that bathe the room in natural light. The kitchen connects directly to the living area and enjoys sleek countertops, a gas cooktop, and an island perfect for entertaining guests. The primary bedroom stuns with a vaulted ceiling, a deep walk-in closet, and a private bathroom with a separate soaking tub. Additional highlights of this home include a fenced-in backyard, back patio, and an attached two-car garage. Right off Lewisville Lake, this home is a must-see!
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| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by eXp Realty LLC | $445,000 | |
| Listed by eXp Realty LLC | |||
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MULTIPLE OFFERS - BEST & LAST DUE BY SUNDAY JULY 11 - 9:00 PM
This beautiful American Legend 2-story estate in Union Park is a must-see! Walking into this amazing home you will see an open floor plan, great for entertaining. The master bedroom is downstairs along with an office or 4th bedroom conversion. Upstairs has the 2 bedrooms with a game room, great for a family! This home provides many windows boasting a lot of natural light! Enjoy your covered patio and large backyard with fun-filled weekend activities! This Union Park Master Community offers many events and amenities, from pools to food trucks, allowing plenty of opportunities for the family to enjoy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017