1804 Alpine 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 13, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | In contract | - | |
| In contract | |||
| Jun 10, 2020 | Listed | $217,000 | |
| Listed | |||
| | |||
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Check out this updated 2 story home in the sought after Turtle Creek West subdivision in Sherman. Updates include fresh paint throughout, new lighting, new dishwasher, new built-in oven, landscaping, and so much more. This is a must see. Refrigerator, washer, and dryer are negotiable. Located with easy access to HWY 82 and I-75, this is one that you do not want to miss. Special Financing Available!!! The manager has listed the unit size as 2243 square feet.
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| May 1, 2020 | Listed by Keller Williams NO. Collin Cty | $217,000 | |
| Listed by Keller Williams NO. Collin Cty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017