2010 S Farola Drive
About This Property
This home includes tons of updates, starting from the outside curb appeal, the kitchen featuring new stainless steel appliances, granite counter tops and new ceramic flooring. Bedrooms have been painted and new carpet installed, original hardwood flooring in some. Bathrooms have been redone as well. This home is ready for you to move in. Stop by and take a look today.
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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 8, 2023 | Sold | ||
| Sold | |||
| Dec 27, 2022 | Listed by Blue Moon Realty Group LLC | $264,900 | |
| Listed by Blue Moon Realty Group LLC | |||
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About Northeast Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20227287
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017