2009 Binns 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 |
|---|---|---|---|
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Jan 15, 2023 | Listed by Texas Elite Realty | $675,000 | |
| Listed by Texas Elite Realty | |||
| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Dec 16, 2022 | Listed by Texas Elite Realty, LLC | $675,000 | |
| Listed by Texas Elite Realty, LLC | |||
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Auburn Hills gem in Prosper ISD and McKinney address! Meticulously maintained home with abundant natural lighting and open floor plan. Kitchen has stainless steel appliances, double ovens, under counter lighting, quartz countertops, abundant cabinets and plenty of counter space. Plenty of space for the kids in the large back yard or enjoy the shade under the covered patio. Information provided is deemed reliable, but is not guaranteed and should be independently verified by the buyer. The manager has listed the unit size as 3089 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017