BACKS TO PROTECTED GREENBELT TRAILS*NO NEIGHBOR BEHIND THE
HOME*GATED COMMUNITY*SPOTLESS*GREAT VALUE! The Trails at Leander is
a charming, gated neighborhood designed for comfort, convenience
and a sense of community on a manageable sized lot. Whether you're
a first-time homebuyer, upgrading from a starter home, or looking
to settle into a well-connected area, the Trails has plenty to
offer. Technically, homes in Trails at Leander are condos, so
owners own their home as well as a portion of the common area, BUT
lives like a SFR - NO shared walls and you have a private, fully
fenced backyard overlooking the highly desirable greenbelt with
views of beautiful trees. HOA maintains the gate, community pool
and park. Move-in ready home backs to protected greenbelt trails
and offers walkable access to the community pool. Brick and stone
exterior is lovely! You also have a roomy 2-car garage. Bathed in
natural light, the open floor plan has high ceilings and easy to
maintain tile flooring throughout the main living areas. Home
office on main floor has a window facing front to observe package
delivery and guests arriving providing a quiet, efficient
workspace. Great Room flows effortlessly into the kitchen. Kitchen
features include a center island, breakfast bar, quartz
countertops, abundant storage capacity, stainless-steel appliances
and a walk-in pantry. Your Primary Suite is smartly situated on the
first level providing privacy from the secondary bedrooms which are
located upstairs. The Primary walk-in closet is spacious and
the Primary bathroom features a quartz dual vanity plus an
oversized walk-in shower. A powder bathroom away from the dining
area and the laundry room complete the main level. On the second
level, you will love the generous sized flex room to be used
however you desire! Additionally, there are two wonderful
secondary bedrooms and a full secondary bathroom. Truly an ideal
combination of space, location, low-maintenance living at a great
price.
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.
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