805 Bodega Bay Drive
About This Property
This home is truly turnkey thanks to an extensive redesign and rebuild of the kitchen, den, primary bedroom & bath, and guest bath. The primary suite is complemented by electric vanity mirrors for a modern touch, while all windows have been replaced and the exterior has been refreshed with hardie board replacement and fresh paint. Big-ticket items are handled, too: Class 4 shingles on the roof and all HVAC components replaced, including a transferable warranty-giving added confidence for years to come. Laundry Room has been plumbed for a sink for convenience.
Step outside and discover even more functionality: a greenhouse for gardening enthusiasts plus a full workshop with power and AC, offering ideal space for hobbies, projects, and extra storage. Conveniently located near everyday essentials and weekend fun, you're minutes from Keller's parks and trail systems, Keller Pointe, Bear Creek Park, and nearby Grapevine Lake for boating, hiking, and outdoor recreation. Plus, quick access to Southlake Town Square, Historic Grapevine, and the Alliance corridor offers abundant shopping, dining, and entertainment options-making this updated Keller home an easy choice for move-in ready living.
$10K SELLER CONCESSION AVAILABLE FOR CLOSING COST ASSISTANCE OR INTEREST RATE BUYDOWN!
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Keller Williams Realty | $565,000 | |
| Listed by Keller Williams Realty | |||
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About Keller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017