605 Grande 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 |
|---|---|---|---|
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Coldwell Banker Realty Plano | $169,000 | |
| Listed by Coldwell Banker Realty Plano | |||
| Jun 1, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $115,000 | |
| Listed | |||
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Multiple offer situation, send in your highest and best. Investor opportunity or someone that will like to do little TLC and make equity right away once is fixed but house is livable. Adorable house in established neighborhood, this is the house you are looking for in this price range is a fantastic deal! 3 bedroom, 1 bathroom, lots of parking space, 2 storage sheds, plenty of yard, nice looking curb appeal, ready for new homeowners, buyers must purchase its own survey. Great investment opportunity don't miss it out. Submit your best offer! contact the agent today thank you! The manager has listed the unit size as 950 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017