509 Jean 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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Mar 8, 2020 | Listed | $159,000 | |
| Listed | |||
| | |||
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Beautiful brick home with abundant space and light throughout. Great curb appeal with mature Pecan Tree provides perfect afternoon shade. Featuring 3 bedrooms, 2 baths, a spacious kitchen opening to your dining and living area, with a cozy wood burning fireplace, this large open area also features wonderful vaulted ceilings. A BONUS! 30'x15' Sunroom (13 windows!), The added square feet of the sunroom (not in SQ FT total) makes this home a great value with space for use as a sunroom, second living or game room! Full Size W-D connections and spacious 2 car garage. Conveniently located near Hwy 175 for quick access to shopping, entertainment. Just a quick 27 Minutes to Downtown Dallas! Schedule your tour today! The manager has listed the unit size as 1226 square feet.
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| Feb 8, 2020 | Listed by Keller Williams Urban Dallas | $159,000 | |
| Listed by Keller Williams Urban Dallas | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017