1705 Surrey Circle
About This Property
Very nice ranch 3-2-2 on almost a quarter acre lot. The two living areas and the layout provide a great opportunity
to create your special home. The workshop with electricity and storage shed provide great additional storage and
activity areas. Oversized 23 x 23-foot garage accommodates larger vehicles. This home is located close to I30,
161, and Hwy 360 centrally located between Dallas and Fort Worth.
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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 |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Keller Williams Realty | $272,500 | |
| Listed by Keller Williams Realty | |||
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About Dorchester Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017