2008 Enchanted Rock 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 |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 11, 2021 | Listed by Phillips Price Realty, Inc. | $315,000 | |
| Listed by Phillips Price Realty, Inc. | |||
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** BACK ON THE MARKET ** Situated in Travis Ranch the master-planned community built with families in mind. This home has everything needed for a family to live and grow comfortably. The study can be used as an office, media or gaming room. The open floor plan, beautiful kitchen, split bedroom arrangement, walk-in closets in each bedroom, dual sinks in both bathrooms & master suite all make this one a great choice. This is a wonderful family home that offers enough space and functionality for family gatherings with backyard privacy. Conveniently located 4 miles to Lake Ray Hubbard and 20 miles from the center of Dallas. Buyer(s) to verify all info. All measurements are approximate.
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| Jul 10, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by Compass RE Texas, LLC. | $249,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017