2103 Cardinal 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 |
|---|---|---|---|
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by RE/MAX Landmark | $275,000 | |
| Listed by RE/MAX Landmark | |||
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Come take a look at this gorgeous home in the awesome Diamond Creek addition in Forney. This home offers 3 nice size bedrooms, 2 bathrooms, 2 car garage on a big lot. Lot size is 0.21 acre. The home features beautiful laminate flooring throughout except for the kids bedrooms and ceramic tile in kitchen and bathrooms and decorative flooring in the master bedroom. Kitchen is updated with granite counter tops, newer appliances and eat-in kitchen area. Huge living room with gas fireplace and an additional formal dining room as well. Lots of closet space in every bedroom. Big backyard with covered patio, great for cooking out. This home has been very well maintained and is in one of the best neighborhoods in Forney.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017