406/408 Ballard Road
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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 |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Monument Realty | $105,000 | |
| Listed by Monument Realty | |||
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Call your builder and let's get started! These two residential lots are side by side and ready to build on! It's a nice flat lot with several good size trees spread throughout. It's not far from the center of town and is close to highway 175 which keeps downtown Dallas within a 35 minute commute!
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About Mc Clung Acres
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14529344
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017