805 Brookwater Drive
About This Property
Beautiful 2-story home in The Villages of Lake Forest has an open floor plan and an amazing backyard and pool. Inviting and warm, the living room features a fireplace and soaring ceilings. The downstairs master has a beautiful ensuite bath with separate tub and shower. Light and bright, the kitchen has stainless steel appliances, an island and breakfast nook. Upstairs has a second living area or game room with 3 more bedrooms. The large backyard retreat features a beautiful pool, hot tub and gazebo. Lots of upgrades including all new paint, new carpet, upstairs wood floors, alarm system and solar panels.
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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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by Real | $574,000 | |
| Listed by Real | |||
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Only available home in Mckinney with a heated saltwater pool and solar panels under 600K. Nestled in a serene tree-filled neighborhood, this stunning 2-story home offers a perfect blend of luxury finishes and comfortable living. Open-concept floor plan that seamlessly connects the living, dining, and kitchen area. The spacious layout is ideal for entertaining guests or quality time with the family. This home boasts 4 bedrooms, providing ample space for everyone. The primary bedroom is conveniently located on the main level with an en-suite bathroom, complete with a soaking tub, walk-in shower, and walk in closet. Upstairs, you'll find the remaining 3 bedrooms, full bathroom and game room. Step outside into your own private oasis, featuring an inviting in-ground pool perfect for cooling off on hot summer days and pool parties. Equipped with paid-off solar panels, offering eco-friendly energy solutions. Top rated schools and easy access to almost everything. Schedule your showing today.
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| Nov 23, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Halo Group Realty, LLC | $450,000 | |
| Listed by Halo Group Realty, LLC | |||
| Dec 9, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017