6305 Birchmont 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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by RE/MAX Dallas Suburbs | $625,000 | |
| Listed by RE/MAX Dallas Suburbs | |||
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***SELLER WILL PROVIDE $10,000 BUYER CREDIT AT CLOSING FOR CLOSING COSTS, RATE BUYDOWN OR UPDATES FOR 30 DAY CLOSE****Beautifully maintained home in the heart of far West Plano with quick access to the DNT, Legacy West, 121, & Willow Bend Mall. Most desired West Plano ISD feeder within Barksdale Elementary. Current owner has replaced all windows w- energy efficient vinyl clad windows, roof and HVACs (2 units) completely replaced in the last 5 years. Warm and inviting, the family room is open to the kitchen which boasts stainless appliances, granite counters, nice sized breakfast nook and raised bar. The family room overlooks the pool-sized backyard with tall trees that create a canopy effect over the large stamped concrete patio. All bedrooms are upstairs, including the primary bedroom that features a large ensuite bathroom with spacious shower, large tub and plenty of counter space. Walking distance to a neighborhood park and the Parr Library, this home is perfect for family living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017