1501 Riverside Drive
About This Property
Great opportunity for those who love secluded, quiet & pretty neighborhoods with easy access to all the fun a lake has to offer! Outside City Limits.
The lot is within walking distance from Lake Tawakoni and its wonderful lush scenery. You can see the lake from your yard. This cute little property is a gem! Priced to sell!
Shopping centers 15 minutes away in Quinlan. Only 45 min from DFW.
Buyer and buyers agent to verify all information, including school districts.
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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 3, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Century 21 Judge Fite Co. | $22,000 | |
| Listed by Century 21 Judge Fite Co. | |||
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About Hunt
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14703110
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017