2432 Open Range Drive
About This Property
Like new with a dramatic circular entrance with a flex space. Wood-look tile flooring, Island kitchen with tons of cabinets. Modern marble fireplace in the living room. Open concept with bright lighting. The spacious master has a beautiful walk-in shower and dual sinks. The office area has French doors and lots of windows. eight foot doors, vaulted ceilings & an amazing finish out.
The backyard has an extended covered patio. The neighborhood has great amenities, minutes from the champions circle golf course & the Nascar stadium. the home has has easy access to HWY 114 and I-35 for an easy commute.
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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 |
|---|---|---|---|
| Apr 17, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Apr 1, 2025 | Listed by RE/MAX Premier | $469,000 | |
| Listed by RE/MAX Premier | |||
| Oct 9, 2024 | Listed by RE/MAX Premier | $469,000 | |
| Listed by RE/MAX Premier | |||
| | |||
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This home is ideal for an investor looking for a great home with a long term lease, (through March of 2026) Immediate cash flow!
Like new with a dramatic circular entrance with a flex space. Wood-look tile flooring, Island kitchen with tons of cabinets. Modern marble fireplace in the living room. Open concept with bright lighting. The spacious master has a beautiful walk-in shower and dual sinks. The office area has French doors and lots of windows. eight foot doors, vaulted ceilings & an amazing finish out.
The backyard has an extended covered patio. The neighborhood has great amenities, minutes from the champions circle golf course & the Nascar stadium. the home has has easy access to HWY 114 and I-35 for an easy commute.
| |||
| Apr 26, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017