1506 Barrolo Drive
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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%.
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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 |
|---|---|---|---|
| Jan 19, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Monument Realty | $323,000 | |
| Listed by Monument Realty | |||
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BREATHTAKING HOME ON PREMIUM LOT -Stunning home shows like a model, perfect floorplan, extensive upgrades. Warm rich wood floors throughout, soaring ceilings, windows that bring in natural light. Study w french doors, or spare bedroom. Open concept w fireplace in living area. Gourmet kitchen w gas cooktop & granite countertops. Game room and 2 bedrooms up, walk in closets. Main bed & bath is the perfect retreat with large walk in closet. Covered patio is large enough for entertaining. Located in highly desirable Rockwall ISD. Vantage point is walking distance to all the amenities such as Community Pool, Basketball Courts, Volleyball and much more. Resort Style Living with close proximity to Lake Ray Hubbard
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About McLendon-Chisholm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017