6405 Hillcrest Road
About This Property
blank canvas for you to create memories with those you love. Play football on the east lawn or
pickleball and basketball on the sports court. Take a swim in the pool, rest in a hammock, or
enjoy a late-night mallow-roasting session at the fire pit.
The topography of this Flower Mound neighborhood is unlike any other you'll find and you'll
often see birds, deer, and wild turkeys while out on a walk or riding your bikes around the
neighborhood.
This house is truly one-of-a-kind and the sellers have retained several of the original features like
the open stairway, skylights, vestibule, and laundry shoot in their home remodel. But you'll also
enjoy gorgeous modern improvements and a light and bright ambiance.
You could own this breathtaking, custom property and all the amenities that accompany it!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Jay Marks Real Estate | $1,599,000 | |
| Listed by Jay Marks Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017