5301 Cornerstone 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 |
|---|---|---|---|
| Feb 25, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Keller Williams Realty DPR | $375,000 | |
| Listed by Keller Williams Realty DPR | |||
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Beautiful stand alone condo in the Retreat at Craig Ranch! 2 bedroom, 2.5 bath with a study and huge game room upstairs. Beautiful hardwood floors in main living area and study. Spacious, bright open floor plan that features kitchen with granite counters, stainless steel appliances and lots of cabinets. Roof & Gutters replaced in 2020! Amazing clubhouse that has community pool, kitchen and fitness center. HOA includes exterior repairs (including roof and foundation), yard maintenance and irrigation! Great location and Frisco ISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017