1802 Palo Pinto Drive
About This Property
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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 |
|---|---|---|---|
| Jul 21, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Compass RE Texas, LLC. | $579,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Dec 20, 2019 | No longer available | - | |
| No longer available | |||
| Aug 17, 2019 | Listed | $589,000 | |
| Listed | |||
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Beautiful corner location in Twin Creek. Like new home with many updates, please see documents. Enter into formal areas on the left, glass French doors to study on the right with a vaulted ceiling. The gourmet kitchen features replaced granite counters, sink, faucet, hardware and an island. This room opens up to the living area with a stone surround gas fireplace and wall of windows viewing the outdoor patio and pool. Master bedroom with a sitting area is located on the first level viewing the backyard. Updated Master bath has gorgeous granite counters, light fixtures and hardware and custom walk-in closet is large. Upstairs are three additional bedrooms with updated baths, game room, media room and balcony. The manager has listed the unit size as 3723 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017