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1625 Cool Springs Drive
About This Property
1625 Cool Springs Dr is a one-story Mesquite home with a galley kitchen and a vaulted fireplace living room. Dark cabinetry lines both sides of the kitchen, which opens into a dining area with a rear window and exterior door. A large front window brings light into the main living space, while the vaulted ceiling carries through to the primary bedroom. Set toward the rear of the home, the primary bedroom has an adjoining bathroom with double sinks and a tub-shower combination. Additional bedrooms and bathroom space are arranged along the hall. A separate laundry room and an attached two-car garage complete the layout. Home comes with a 100-Day Home Warranty
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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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Oct 22, 2026 | Price Decreased |
$260,000
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Oct 14, 2026 | Listed by Opendoor Brokerage, LLC | $275,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Feb 10, 2023 | No longer available | - | |
| No longer available | |||
| Jan 29, 2023 | Price Decreased |
$280,000
↓ $15K
(5.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017