619 Mckown 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%.
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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 |
|---|---|---|---|
| Sep 24, 2024 | Delisted | - | |
| Delisted | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Rendon Realty, LLC | $225,000 | |
| Listed by Rendon Realty, LLC | |||
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A home in the perfect location designed with modern farmhouse style offers a well designed layout. The living room has thoughtful built ins and showcases spacious living. The kitchen is built for function and flexibility all the while aesthetically pleasing. Spend time in the lush and quiet backyard, whether you're enjoying a cup of coffee in the morning or grilling out in the evening.
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| Nov 16, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by REDESTIN REAL ESTATE | $255,000 | |
| Listed by REDESTIN REAL ESTATE | |||
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Charming home nestled in an established neighborhood in Mansfield ISD! Three bedrooms, two baths and two car garage! Extensive remodel was done. Fresh paint inside and outside. Granite counter top through out. New water proof laminate plank floors and new carpet. Family room with high vaulted ceiling, it has a brick wood burning fireplace. Living room opens to a big and spacious kitchen. Breakfast nook joins with kitchen. Cozy kitchen with window overlooking the back yard that has a shed. Luxury remodeled bathrooms. Roof was replaced in 2020. Recent foundation repaired with lifetime transferable warranty. Close to shopping and schools. Walking distance to downtown Mansfield, Rose Park, easy access to 287.
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About Hillcrest
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14608914
Details provided by NTREIS and may not match the public record
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