3520 Cimarron River 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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by RE/MAX Signature Properties | $569,900 | |
| Listed by RE/MAX Signature Properties | |||
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$20,000 IN SELLER CONCESSIONS! Located in the prestigious Creeks of Legacy, desirable Prosper ISD, walking in you will find THE perfect home. Natural light pours into the breakfast area and quaint, cozy, living room with fireplace. Kitchen is adorned with tons of cabinets and storage, island with seating area, lots of countertops, and walk in pantry. Formal dining room is open to living room, perfect for entertaining. Large primary suite tucked away and private with ensuite bathroom and large walk in closet. Two additional bedrooms are on the other side of home with their own bathroom located in hallway. 4th bedroom and 3rd bathroom are tucked away and private, perfect for guests. Pride of ownership abounds in this charming, North facing, home. Interior freshly painted, new carpet installed Aug. 2021, stainless steel appliances, front door and garage doors freshly stained.
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| Jun 21, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Texas Elite Realty | $422,500 | |
| Listed by Texas Elite Realty | |||
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Showing and offer deadline 5.22 Saturday 7PM. North facing home that's been immaculately maintained. Home is in Prosper ISD, in the sought after community of Creeks of Legacy. Open concept floor plan makes family time and entertaining a breeze. Kitchen is plumbed for gas, has stainless steel appliances and eating area. Community access to club house, pool, playground, and tennis courts. Minutes to Dallas North Tollway and Highway 380. Mailing address is Proper, but city taxes are paid to the City of Celina. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017