6024 Mapleshade Way
About This Property
Beautiful home located in Union Park. 3 bed 2 bath with office and play room. Wood Floors quartz countertops and a huge owner suite. Automatic shades in the living area and shutters in the office and owners bedroom. Great backyard, covered porch is plumbed for gas grill. Elementary school down the street. Amenities in this wonderful community are amazing. Community pool, jogging path, fitness center and much more. Very family friendly. Visit the Union Park Website to see what all they have to offer. Approximately 5 miles to the new PGA headquarters and the upcoming Omni Hotel and Resort. Ten minutes to great restaurants and shopping in Frisco. Bunk bed, fridge, dining table and chairs, office desk, children's table by bedroom and jungle gym are available if interested.
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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%.
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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.
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 |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2022 | Listed by RE/MAX Trinity | $455,000 | |
| Listed by RE/MAX Trinity | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017