309 Fort Edward Drive
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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 11, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Local Realty Agency | $395,000 | |
| Listed by Local Realty Agency | |||
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Gorgeous, updated home in sought after Cherry Creek Estates! Located in Mansfield ISD, minutes frm 287 and 360 for easy commute to Dallas and Ft Worth. Warm engineered hardwoods welcome you home to this 2 story gem with more than enough space to enjoy! Archways, vaulted ceilings, and lots of windows make the home bright and open. Decorative accents throughout, tasteful chandeliers, ceiling fans and oversized rooms add a touch of class and enjoyment to this gem! Second bedrm downstairs can be private office space or guest rm. Large kitchen with abundant cabinet and counter space, as well as plant shelf at the sink window, is a chef's dream. Downstairs primary bedrm and bath are oversized, and a huge closet for all your favorite things! Upstairs has 3 large bedrms, full bath, and a beautiful game room to enjoy. Large backyard w flowering trees and shed are ready for many cool evenings of fun! Roof replaced Sept 2020, New garage door openers, 2020 and 2023, new dishwasher Nov 2020.
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| Oct 5, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed by Keller Williams Arlington | $290,000 | |
| Listed by Keller Williams Arlington | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017