2740 Frontier Lane
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 |
|---|---|---|---|
| Jan 17, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by American Dream Lake Division | $345,000 | |
| Listed by American Dream Lake Division | |||
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With three bedrooms and two baths, the property seems ideal for a family or individuals who appreciate some extra space. The presence of a backyard with a privacy fence and a patio adds a lovely touch, providing a private outdoor space for relaxation and entertainment.
The fact that the home is wired for EV charging in the garage is a great modern feature, catering to the growing popularity of electric vehicles and making it convenient for homeowners with such vehicles. Proximity to major highway access is a significant advantage for those who commute or enjoy easy travel to nearby areas.
Additionally, the property's location within one mile of Award Winning Vega Elem, Johnson Middle, and McKinney North High schools is beneficial for families with school-going children, ensuring a short and convenient commute. The presence of various restaurants and shopping options nearby is a definite plus. The seller is related to the Listing agent.
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| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Opendoor Brokerage, LLC | $265,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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This McKinney one-story home offers a two-car garage. This home is vacant and cleaned regularly. This home has been virtually staged to illustrate its potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017