2261 N Farola Drive
About This Property
spacious kitchen features shaker cabinets, quarts counters, SS appliances complete with brick pattern back splash. Main bedroom features a large walk-in closet and ensuite bathroom. Updates from 2022 include plumbing, roof, HVAC, energy efficient windows, gutters with guard and more. List of additional upgrades is available.Huge backyard with privacy fence, plenty of room for a pool. Home comes with SS fridge and stackable washer dryer set. Minutes from Downtown Dallas, White Rock Lake, Casa View Elementary, Casa View Shopping center. Schedule your tour 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017