1625 Ellington 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%.
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 |
|---|---|---|---|
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by EXP REALTY | $750,000 | |
| Listed by EXP REALTY | |||
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**MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST DUE BY MIDNIGHT 7-24-2021** Check this one out! Beautiful Drees Grayford model in Light Farms. The builder is starting at 723K and this one has over 75K in builder upgrades, 25k lot premium, plus 20K in flooring and plantation shutters making this a very good deal on a 3 year old home. This home is both dramatic and comfortable with bold open spaces from upstairs to down. The view from the upstairs windows is something you should see when touring this home. The spaciousness of this house is amazing. Located close to the DNT with PROSPER ISD with Celina's lower Taxes!! Win-Win.
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About Collin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,600 /mo
- 4 Beds
- 3 Baths
- 2,768 ft²
$3,600 /mo
- 4 Beds
- 3 Baths
- 2,786 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017