9306 Clearwater Drive
About This Property
Out back, discover a private retreat that truly sets this property apart. Mature trees, including a stunning 75–100-year-old pecan tree, crepe myrtles, and a mature red oak, create natural shade and privacy rarely found in the area. Enjoy evenings around the chiminea or relax on the large back deck overlooking the peaceful yard. The backyard also features an automatic drive gate installed in 2023, space to park two vehicles and a long driveway for 2 more vehicle.
Ideally located near everyday essentials and recreation, the home offers quick access to Interstate 635 and is close to shopping, schools, and several hospitals. Outdoor enthusiasts will appreciate being within walking distance to the White Rock Creek Trail and the YMCA, with a short drive to the golf course and amenities at Royal Oaks Country Club. Nearby green space and a baseball field add to the neighborhood's welcoming feel, making this a wonderful place to call home.
Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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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 30, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Listed by Orchard Brokerage | $485,000 | |
| Listed by Orchard Brokerage | |||
| Apr 25, 2025 | No longer available | - | |
| No longer available | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017