3005 Vermillion Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | In contract | - | |
| In contract | |||
| Jul 19, 2021 | Listed by Compass RE Texas, LLC | $1,195,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome Home to a meticulously maintained, custom residence sited on a prime Preston Lakes lot adjacent the community greenbelt. The open layout which is well suited for both large or more intimate gatherings allows free flow amongst the kitchen, breakfast, and living areas. A well-equipped kitchen featuring Thermador appliances is sure to impress the house chef. The master and guest suite are located on level one. Level two hosts a large game room with wet bar and multiple balconies, media room, and 3 generous sized bedrooms. Plano ISD. Premier Residence in a Premier Location. The manager has listed the unit size as 6020 square feet.
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| Jun 25, 2021 | Listed by Compass RE Texas, LLC | $1,195,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Welcome Home to a meticulously maintained, custom residence sited on a prime Preston Lakes lot adjacent the community greenbelt. The open layout which is well suited for both large or more intimate gatherings allows free flow amongst the kitchen, breakfast, and living areas. A well-equipped kitchen featuring Thermador appliances is sure to impress the house chef. The master and guest suite are located on level one. Level two hosts a large game room with wet bar and multiple balconies, media room, and 3 generous sized bedrooms. Plano ISD. Premier Residence in a Premier Location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017