Lot 22 Southfork 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 |
|---|---|---|---|
| Aug 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 22, 2023 | Listed by JPAR NTREIS | $90,500 | |
| Listed by JPAR NTREIS | |||
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This property is in South Fork Estate and backs to a tree-lined creek. Quiet country setting with large lots. In howe ISD and just minutes from Sherman for dining and shopping. Minimum 1200 sqft. excluding porches and garage. No manufactured homes. Deed restrictions posted online
All information deemed reliable but not guaranteed.
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| Mar 24, 2022 | Sold | ||
| Sold | |||
| Jan 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 1, 2022 | Listed by RE/MAX DFW Associates | $85,000 | |
| Listed by RE/MAX DFW Associates | |||
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This property is in South Fork Estates and backs to a tree-lined creek. Quiet country setting with large lots. In Howe ISD and just minutes from Sherman for dining and shopping. Minimum 1200 sq.ft. excluding porches and garage. No manufactured homes. Deed restrictions posted online.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017