5040 Frontier 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 |
|---|---|---|---|
| Jul 6, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by Compass RE Texas, LLC | $310,000 | |
| Listed by Compass RE Texas, LLC | |||
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Contract just fell through due to change of circumstance for buyer. Inspection report in hand and clean. Come check out this tasteful renovation in this prime central Plano home. Stainless steel appliances, natural stone countertops and upgraded flooring throughout. New low-energy windows installed in front of the house, new faux-wood laminate flooring 2021, recent roof replacement. Foundation repaired 2018.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017