40
Map
8900 Scarlet Trail
About This Property
A spacious front walkway and courtyard create a welcoming arrival, while high ceilings, a circular staircase and a soft, neutral palette carry that impression inside. The kitchen features replaced cabinetry, custom granite countertops, an updated backsplash, under-cabinet lighting and replaced appliances, including the cooktop, wall oven, microwave and dishwasher. Hardwood flooring extends into the kitchen and throughout the main floor.
All bathrooms have been updated with refreshed fixtures and finishes. Custom office cabinetry and bookcases provide useful storage, while added laundry room cabinets and a countertop make everyday tasks easier. Large east-facing windows bring morning light into the primary bedroom and family room, and the covered patio offers a comfortable place to relax outdoors.
Improvements include a roof replaced in September 2024, a replaced main-level HVAC system, tankless water heater, whole-home water softener, Ecobee thermostats and Rachio smart irrigation control. All three garage doors were replaced with insulated doors and smart openers. HOA-maintained front landscaping and Lantana's community amenities round out a home with thoughtful updates inside and out.
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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 |
|---|---|---|---|
| Nov 2, 2026 | In contract | - | |
| In contract | |||
| Oct 22, 2026 | Listed by Post Oak Realty, LLC | $650,000 | |
| Listed by Post Oak Realty, LLC | |||
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Compass RE Texas, LLC | $650,000 | |
| Listed by Compass RE Texas, LLC | |||
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Step into luxury living in this beautifully crafted home with an array of exceptional features. Find productivity in the home office, enjoy outdoor living in the private backyard complete with a large covered patio. The spacious kitchen is a chef's dream, featuring a gas cooktop, granite, stainless appliances, rich wood cabinetry and 2 ovens to accommodate all your culinary adventures. Retreat to the luxurious owner’s suite complete with a spa-like bathroom. The first floor also boasts a private mother-in-law suite, perfect for extended family or guests. Upstairs, an xlg game room awaits, equipped with a wet bar and a mini refrigerator, providing an ideal space for entertainment and relaxation. 3 car garage, loads of storage, 2 half baths for guests nestled in the picturesque community of Lantana, Texas where community events, clubs and social activities foster a sense of belonging. With impeccable craftsmanship and attention to detail, this home is sure to captivate your heart.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017