301 Virginia Drive
About This Property
The exterior showcases classic brickwork providing excellent curb appeal and low maintenance. Step inside to find a welcoming atmosphere, where the open layout allows for seamless flow between the living spaces. The well-appointed kitchen features granite countertops, stainless steel appliances, ample cabinet and counter space, making it a joy for any home chef. The primary bedroom is privately situated away from the guest rooms, has an ensuite and large walk-in closet. Located approximately 30 minutes South of Dallas.
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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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jun 30, 2024 | Listed by Independent Realty | $299,900 | |
| Listed by Independent Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017