3209 Capstone Lane
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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 10, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Berkshire HathawayHS PenFed TX | $307,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Location, Location, Location! This 4 bedroom, 2.5 bath home is minutes from Lake Ray Hubbard! Entertain easily in the spacious living room with an inviting wood-burning fireplace and gleaming wood-type flooring. Light and bright kitchen feature a gas cooktop, great counter space, ample cabinetry, and a cozy breakfast nook with a door to the back patio. Primary bedroom is a relaxing retreat with an ensuite bath that offers dual sinks, a deep soaking tub, a separate shower, and a great closet space with built-ins. Head upstairs to find 3 additional bedrooms and a game room. Step out to the private backyard with a covered patio and enjoy these Spring days. Great location to Rose Hill Park, schools, and I-30.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017