2500 Slalom 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 |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by RE/MAX Four Corners | $319,000 | |
| Listed by RE/MAX Four Corners | |||
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* MULTIPLE OFFERS RECEIVED* HIGHEST AND BEST BY 5 PM SAT. AUG. 7TH. Immaculately maintained, One-story home in Prosper ISD. No carpet here! Oversized covered back-patio with ceiling fan for comfortable outdoor living. Wood floors in family room, study, and bedrooms. Open floorpan, updated lighting and ceiling fans throughout. Gas log fireplace. Floored attic for additional storage. Ring Doorbell, Large Owner's bedroom with attached bath and huge walk-in closet. Home is located in the power grid that services the nearby fire station and hospital. HOA includes walking-jogging path community pool, and beautiful community private stocked lake with dock. Buyer and Buyer's agent to verify all information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017