3116 Hornbeam Street
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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 |
|---|---|---|---|
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by Denton County Property Mgmt, Inc | $425,000 | |
| Listed by Denton County Property Mgmt, Inc | |||
| | |||
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Oversized four bedroom, two and a half bath home in Argyle schools! Open kitchen into the living area. Office space off entry. First floor master with three additional bedrooms and a game room on the second floor. Covered back patio. *Tenant occupied property until 10-31-2023 at $2820 a month.*
| |||
| May 6, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Compass RE Texas, LLC | $312,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 5, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017