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823 Wagon Wheel TRL
About This Property
Updates include: NEW HVAC (2024) water softener (2022), deck re-planking, new roof, and windows (2020), kitchen/laundry tile (2018), primary suite bath remodel and guest bath tile (2016), gutters (2015), tankless water heater (2014), insulated garage door (2013), bamboo flooring, Nest thermostat, and updated blinds.
Inside, high ceilings, arched entryways, and crown molding frame a spacious open floor plan. The living room features a corner fireplace with tile surround and large windows overlooking the backyard. A chef's kitchen with gas cooking, extra storage, and a breakfast bar makes cooking and entertaining easy. The owner's suite offers a remodeled bath with double sinks, walk in shower with dual shower heads, plus a walk-in closet with built-ins.
Outdoor living shines with a covered patio and deck extension shaded by mature trees.
All of this with quick access to TX-29, US-130, SH-195, and I-35.
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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 |
|---|---|---|---|
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Keller Williams Realty | $369,990 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017