613 Race Drive
About This Property
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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 21, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by Compass RE Texas, LLC. | $435,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Welcome to your dream home at the Heath Golf and Yacht Club! With 3 bedrooms and 2 bathrooms, this beautiful home caters to all your needs. As you enter, you'll be greeted by a versatile office space providing the perfect environment for you to work from the comfort of your own home. The interior showcases soaring ceilings, allowing natural light to fill the open concept living areas. The sleek kitchen is a chef's delight, offering ample space to enjoy dinner with family or friends. It seamlessly flows into the expansive living spaces, making it perfect for hosting and entertaining guests. The intelligent design of this home allows for future expansion possibilities. Smart design allows for the option to add a second story game room, additional bed, and bath giving you the flexibility to customize the space to suit your evolving needs. Situated with easy access to highways connecting you to the city of Dallas, this residence ensures a seamless commute.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017