2227 Flat Creek 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 |
|---|---|---|---|
| Jul 18, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by Ebby Halliday, REALTORS | $659,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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You will fall in love with this beautifully updated Canyon Creek home in a highly desirable RISD area located just four blocks from Canyon Creek Elementary School, Park, and Pool! This spacious 4 bed, 2.5 bath has been fully renovated with upgrades throughout including quartz countertops, tile backsplash, stainless steel appliances, wood floors, updated hardware and lighting, modern staircase, and more. Three living areas will provide plenty of room for family, friends, and entertaining. Formal living could easily convert to a great formal dining room or office. The spacious master bedroom features a spa-like ensuite bathroom with high-end finishes. Spacious backyard boasts extended patio, great play yard, and beautiful wood fence. Perfect for anyone looking for a move-in ready home in a great location close to shopping, restaurants, parks, UTD, and Canyon Creek Country Club. Even your pickiest buyers will love this gem!
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| Oct 23, 2020 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by Couch Realty, Inc. | $539,990 | |
| Listed by Couch Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017