5308 E Highway 380
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Frontier Properties | $600,000 | |
| Listed by Frontier Properties | |||
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Almost 1 acre fronting busy 380 just out of the city limits of fast growing Princeton. Many commercial and retail businesses nearby. Great investment opportunity, in McKinney ISD. Can be purchased with adjoining 1.8 acre tract.
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14602094
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