7602 Dennis Wallace Lane
About This Property
This lovely 2-story single-family house includes 4 bedrooms, 3 bathrooms, and an attached garage that accommodates 2 cars with electric charge. Boasting a tankless water heater, this lovely corner home also features a convenient drip system. The large family room boasts an open floor plan, carpeted flooring, and dual pane windows. The large kitchen boasts granite countertop, ample storage, and large food pantry. Equipped with a stainless steel sink, gas stove, and dishwasher, the kitchen also features tile flooring, plantation shutters, and an open nook area. The master bedroom is a great room with plush carpeted flooring, and lots of windows that let in natural light. The high ceiling and his-and-her closets add to the luxurious feel, and the master bath bathroom features a walk-in shower, tile floors, and double sink formica. The other bedrooms also have their own fans, carpets, and double sliding closet doors, one is located on the main floor. The bathrooms feature tile floors, double sinks, and a tub and shower combo. The laundry room and shed provide additional storage space. Outside, enjoy the beautiful view from the front covered porch or take advantage of the concrete all around the home, making it low maintenance. The neighborhood is safe with sidewalks and safe crosswalks, and nearby amenities within a 15-minute drive include Hughson High School and Fox Grove Park. The home has a HOA FEE of $162 per month and includes parking on site along with soccer field access.
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Cap Rate Calculator
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 29, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $499,900 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017