3502 Christopher Lane
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%.
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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 7, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Keller Williams Central | $350,000 | |
| Listed by Keller Williams Central | |||
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Adorable single story just 2 doors up from 400+ acre Breckinridge Park with hike & bike trails, lakes, sports fields, picnic gazebos. Also, neighborhood HOA incl. comm. pool & playground, & exemplary Plano schools. Inside, enjoy tall ceilings, hardwoods, updated Kitchen with granite c-tops, SS & black appliances, partially updated master bath with frameless shower door & lots of new satin nickel faucets, lighting & hardware. See complete list of updates in MLS. Very clean and well-maintained, also enjoy tankless water heater, fireplace, security & sprinkler system, walk-in closets & extra air-conditioned storage area in attic, accessible through utility rm. Offer deadline noon Sunday May 23. See Private Remarks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017