3103 Crossing 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 |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by Longmire Group | $259,000 | |
| Listed by Longmire Group | |||
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Opportunity awaits for exactly what you want. This is one of the last opportunities to purchase an Estate Lot and build your custom dream home in this community. North Facing 1.14 acres of beautiful mature trees including native persimmon, Hercules club, oaks and more. Owner has already invested in an initial clearing of the lot so the rest is ready to go. Subdivision featues private country feel of only 32 homes off the beaten path but surrounded by a rapidly growing town of Anna, only 15 minutes north of McKinney. The security gate offers privacy and security for the residences of this unique home site. Minimum building square footage is 2500. But the neighborhood average of completed home is 4000 plus. next to Hurricane Creek Golf Course and country club within the beautiful, gated Urban Crossing community. Rapidly growing and appreciating location.
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| Nov 24, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Coldwell Banker Realty Frisco | $105,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017