11102 Walnut Lane
About This Property
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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 6, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by JG Real Estate, LLC | $1,600,000 | |
| Listed by JG Real Estate, LLC | |||
| May 31, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by McDonald Realty Team | $899,900 | |
| Listed by McDonald Realty Team | |||
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Rare opportunity! Almost 6 acres just outside of Forney city limits, located in the middle of the master planned community of Grayhawk and across the road from a new master planned community, Overland Grove. Perfect location with numerous commercial possibilities. Utilize this awesome high traffic location for your business with convenient access to HWY 80 and I-20. You are only minutes away from Rockwall, Terrell, Sunnyvale and Mesquite and Dallas is only 20 miles away! Don't miss out on the opportunity to own a prime piece of commercial acreage in the rapidly growing city of Forney, TX.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017