8341 Bocowood Drive
About This Property
This home features two spacious living areas with elegant wood floors, recessed lighting, and recent ceiling fans, all centered around a stunning stone wood-burning fireplace, complete with gas logs and a granite hearth. The modernized kitchen boasts a convenient breakfast bar, soft-close cabinets, granite countertops, and stainless steel appliances, including a gas stove-cooktop and a French-door refrigerator. With two dining areas-one versatile enough to double as an office-you'll have plenty of space for both work and leisure.
The master suite, located at the rear of the home, is large enough to accommodate even the biggest furniture and offers his-and-hers closets for ample storage. The en-suite master bath is a retreat, with dual vanities, sleek modern cabinetry, and built-ins for additional storage. Two more bedrooms are situated at the front of the home, sharing a stylish bathroom with a beautifully tiled stand-up shower.
Additional upgrades include recently installed plantation shutters throughout the house (2023), adding a touch of elegance and privacy. Also, Plumbing updated underneath the home (2020).
Step outside to your own backyard oasis, complete with an elevated slate-covered patio, an 8-foot stained privacy fence, a sprinkler system, and an access door to the two-car garage. A large oak tree provides ample shade, and accent planters create a serene atmosphere-perfect for relaxing summer evenings.
This home's location is hard to beat, with easy access to IH-30 and Downtown, and just minutes from White Rock Lake, Casa Linda dining, and shopping.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Burns Real Estate Services | $495,000 | |
| Listed by Burns Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017