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Kaufman 75126
1617 Kalamath Drive
$341,210
● House - Off Market

1617 Kalamath Drive

Forney, TX 75126
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,206 Ft²
$1,869
Est. Monthly
$30
HOA / Fees
6.63%
Cap Rate

About This Property

Beautiful soaring entry!  Lots of kitchen cabinets!  master down.  Generous loft-gameroom upstairs. Jack and Jill bath up. Oversize yard. Backs up to green space. Smart home system with doorbell camera, smart light switches and MORE! 2 Pools, splash pad, playground, basketball court.. Please see showing instructions... Plan Amethyst
Unit Size
2,206 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$170
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (NTREIS #20402206)

Price History

Date / Event Date Event Price
Jan 15, 2024 Sold
Premium
Sold
Aug 8, 2023 Listed by Jeanette Anderson Real Estate $374,490
Listed by Jeanette Anderson Real Estate

Property Highlights

Air Conditioning
Garage
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Kaufman

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$159

Above Asking

0.03%

Average Days on Market

80

Average Home Size

2241 ft²

Average Home Age

13.3 years

Currently For Sale

1512 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2403 Neff Lane, Forney, TX, 75126

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,520 ft²
2403 Neff Lane, Forney, TX, 75126 Listing by Irina Bobrenkova
Unit for rent at 2324 Neff Lane, Forney, TX, 75126

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,520 ft²
2324 Neff Lane, Forney, TX, 75126 Listing by David Ojo
Unit for rent at 109 Lemley Drive, Heath, TX, 75032

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,489 ft²
109 Lemley Drive, Heath, TX, 75032 Listing by Sarah Epps

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Derek Phelps, Jeanette Anderson Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20402206
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1617 Kalamath Street built and last sold?
The property at 1617 Kalamath Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1617 Kalamath Street is $0.
What are some comparable homes to 1617 Kalamath Street?
There are currently no comparable homes to 1617 Kalamath Street.
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