408 Crestview Drive
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%.
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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by Coldwell Banker Apex, REALTORS | $399,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Custom home nestled among mature trees near downtown Forney! Nice layout features formal and casual dining, large family room adjacent to either 2nd living or game room! Kitchen features granite cabinetry and breakfast bar. The breakfast area has a bay widow! The primary retreat is located on the rear of the home and features an updated bath with ball and claw tub, separate shower, gorgeous tile, and dual closets! The secondary bedrooms share an oversized hall bath, complete with linen storage! Spacious office area! The utility room and half bath are conveniently located off the hallway leading to the garage. Roof replaced May 2022; plumbing lines replaced 2022, fence upgraded to board-on-board privacy fence. Previous upgrades include flooring, recessed lighting, windows and vinyl siding!
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| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | Listed by The Cates Group | $389,900 | |
| Listed by The Cates Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017