1237 Flamingo Road
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 |
|---|---|---|---|
| Jul 6, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by Premier Legacy Real Estate LLC | $614,998 | |
| Listed by Premier Legacy Real Estate LLC | |||
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Hello Beautiful! Welcome to this Gorgeous Home Built By First Texas Homes in Forney's Prestigious Grayhawk Community. This Home Features 4 Bedrooms, 3.5 Baths, 2 Living Rooms, Breakfast, Dinning Room, Large Media Room, Grand Master Retreat That Provides A Great Escape with Sitting Area, Deep Garden Tub, Seperate Shower, Dual Sinks And A Large Walk-In Closet. Perfect For Entertaining Inside or Out! This Home Has It All, You Wont Want To Leave! From a Grand Entrance To High Ceilings, To Movies With The Kids, Or Swimming In The Privacy Of Your Oasis! This Home Is The One You Do Not Want To Miss! New Flooring, New 8Ft Privacy Fence, New Light Fixtures, New Ceiling Fans, Updated Backsplash, Fresh Paint and A New Pool & Spa! Convenient For The Ones That Need To Commute To DFW!
Schedule Your Showing Today!
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| Aug 8, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by JP & Associates Plano | $359,900 | |
| Listed by JP & Associates Plano | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017