16012 Red Cedar Trail
About This Property
Choice of Schools, Prestonwood Elementary or Richardson ISD!
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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 |
|---|---|---|---|
| May 13, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Compass RE Texas, LLC | $819,900 | |
| Listed by Compass RE Texas, LLC | |||
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*MULTIPLE OFFERS RECEIVED* Old world meets new at this stunning mid-century glam remodel in heart of Prestonwood Estates. Expansive single story home features modern designer finishes. Dream kitchen w- Zellige tile backsplash, new appliances, 6 burner gas cooktop, quartz countertops, shiplap ceiling, custom flat-paneled cabinets, open shelving & custom vent-hood. New roof, HVAC, gorgeous marble floors in the powder, guest & master bath. Multiple flex spaces for a media & game-room or office. White oak engineered hardwood floors, 2 fireplaces Master has his & hers closets with Pinterest worthy barn-doors, clawfoot tub & extra large shower.
Choice of Schools, Prestonwood Elementary or Richardson ISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017