1324 Ballantrae Drive
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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%.
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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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by Keller Williams Urban Dallas | $625,000 | |
| Listed by Keller Williams Urban Dallas | |||
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HIGHEST & BEST MONDAY 6pm! Complete Remodel by Inspired Designs of Texas. Interior & Exterior repainted. Luxury Vinyl Plank throughout living space. Custom-built kitchen that has been completely updated and is outfitted with brand-new cabinets, appliances, granite countertops, pendant lighting and gas stove. Main bathroom offers a spa-like ambiance and features a custom shower, soaking tub, and new consoles, mirrors & fixtures. Updated Guest bathrooms. Smart Everything! Nest, Garage door opener, Pool system, and Rachio sprinkler system. Pool completely renovated - plaster, new equipment, crack repair, all under warranty. Aqualink pool access system controlled by app. Commercial grade tankless water heater! MUCH MORE. See transaction desk for full list. Highly sought after neighborhood in prestigious Allen ISD. 3 minute drive to Sprouts, Collin College Technical Campus, and Allen ISD STEM Center. Right down the street from Hub 121 and new development The Farm in Allen.
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| Nov 7, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by Listing Results, LLC | $458,900 | |
| Listed by Listing Results, LLC | |||
| Jul 29, 2017 | Listed | $369,900 | |
| Listed | |||
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Single Story w Amazing Pool in highly sought after Allen ISD. Oversized Family Room 25 x 19 w Brick Wood Burning Fireplace & High Ceilings. Family Room w Open Floor Plan to Kitchen looking out to Pool. Pool half bath has door opening out to patio. New Granite w Stacked Stone Backsplash installed in Kitchen August 9th w stainless gas Cooktop & Vent hood. Wood floors in Entry, Family room, Dining Room, Master Bedroom & Halls. Split Bdrms. Updated Bathrooms. Plantation Shutters. Formal Living room could be easily made into a private front office study. New Roof 2015. Great location on the west side of Allen Close to 121 for easy access to Frisco - Plano for Toyota Relocations. The manager has listed the unit size as 2248 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017