1106 Longhorn Lane
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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 |
|---|---|---|---|
| Jun 15, 2021 | Sold | ||
| Sold | |||
| May 8, 2021 | Listed by Keller Williams Rockwall | $280,000 | |
| Listed by Keller Williams Rockwall | |||
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Remodeled home on LARGE lot in Forney ISD! This Well lit, OPEN FLOOR PLAN home boasts oversized bedrooms and multifunctional living space for all family members. Features OVERSIZED deep garage, decorative lighting, gas starter fireplace and more. The roof and AC was replaced in 2020 and exterior painted in 2021. Kitchen appliances replaced in 2021 as well as the fence and flooring throughout. Refrigerator conveys with property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017