2278 Red Chute Drive
About This Property
for entertaining. Home includes a termite barrier and a water softener that supplies soft water throughout. Shelves in office & mounted TVs are negotiable.
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Cap Rate Calculator
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 25, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Good Morning Real Estate | $335,000 | |
| Listed by Good Morning Real Estate | |||
| May 22, 2022 | No longer available | - | |
| No longer available | |||
| Apr 29, 2022 | Price Increased |
$324,999
↑ $16K
(5%) | |
| Price Increased | |||
| Apr 27, 2022 | Listed by Offerpad Brokerage, LLC | $309,500 | |
| Listed by Offerpad Brokerage, LLC | |||
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Have you ever been in the city, yet feel like you are out in the country? This home IS IT! Quiet, tranquil, with great views of green space - on a cul-de-sac you can love your neighbors without seeing their home from yours!! Beautiful almost new home in quiet neighborhood less than 20 minutes to downtown Dallas. House has over sized open family room with fireplace, tall ceilings and lots of windows overlooking spacious kitchen with serving bar. Open main living room with fireplace Texas sized master bedroom with adjoining bath that features jetted tub, separate shower, double vanities and large walk-in closet. Tons of elbow room in backyard Beautiful, 4 bedrooms, 2 bathrooms, 2 car garage, with open floor plan. Close to all the shopping, restaurants, and major highways to get anywhere in the DFW area. This home includes a termite barrier and a water softener that supplies soft water throughout.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017