$435,000
●
House -
Off Market
1632 Frankford Drive
Forney, TX 75126
4 Beds
3 Baths,
1
Half Bath
3,050 Ft²
$481,661
RealtyHop Estimate
8.24%
Since Jan 1, 2022
TX-Dallas
Primary Model
About This Property
Practically new construction plus many post-build upgrades, the
best of both worlds! Enjoy peace and quiet with no neighbor
behind. The HOA provides many opportunities to socialize and
connect with neighbors through community events. Relax with
your family on the weekends with two swimming pools, a splash pad,
playground, gym, and event or meeting space. Retreat within your
own home with a well structured floor plan including a pass-through
from the owner's closet to the laundry room. The living room
ceiling soars two stories high, resulting in loads of natural
light. The oversized kitchen island seems made for entertaining. A
new elementary school is being built within walking distance! NO
PID, NO MUD!
Unit Size
3,050 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
2020
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (NTREIS #14674895)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by JPAR - Rockwall | $475,000 | |
| Listed by JPAR - Rockwall | |||
| | |||
|
Amazing 4 bedrooms, 4 bathrooms house, 2 living areas with high ceilings and a bonus room in Gateway Community. Gourmet kitchen with granite countertops, a gas cooktop, large center island with breakfast bar, and large walk in pantry. The bonus room could be used as an office or as a play area. You will enjoy plenty of space for entertaining in this open concept floor plan. No MUD taxes. Convenient to I20, restaurants and shopping, new elementary school in the neighborhood. Gateway parks amenity center is one of the nicest in the region with gorgeous pools, splash area, picnic areas, miles of walking, hiking & biking trails. There is a large beautiful garden in the backyard where you can grow fresh fruits and vegetables for your family. Must see!!!
| |||
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by RE/MAX DFW Associates | $445,000 | |
| Listed by RE/MAX DFW Associates | |||
| | |||
|
Practically new construction plus many post-build upgrades, the best of both worlds! Enjoy peace and quiet with no neighbor behind. The HOA provides many opportunities to socialize and connect with neighbors through community events. Relax with your family on the weekends with two swimming pools, a splash pad, playground, gym, and event or meeting space. Retreat within your own home with a well structured floor plan including a pass-through from the owner's closet to the laundry room. The living room ceiling soars two stories high, resulting in loads of natural light. The oversized kitchen island seems made for entertaining. A new elementary school is being built within walking distance! NO PID, NO MUD!
| |||
| Jul 13, 2020 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Kaufman
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brianna Castillo, RE/MAX DFW Associates
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 14674895
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 14674895
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017