7823 Leighton Trail
About This Property
Built in 2020, the layout feels open and easy with 12-foot ceilings and tons of natural light. The kitchen sits right in the middle of the home and flows into the breakfast area and living room with a fireplace, making it a great space for everyday living or entertaining. The primary suite gives you a nice retreat with a garden tub, separate shower, and a big walk-in closet. You also get a tandem garage for extra storage and a covered patio out back with no rear neighbors for added privacy. Located in Deer Park ISD, this one really gives you space, comfort, and a layout that just works.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$560,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Jun 22, 2026 | Listed by Keller Williams Summit | $569,000 | |
| Listed by Keller Williams Summit | |||
| Jun 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017