647 Albrook 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 |
|---|---|---|---|
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Listed by MDC ENTERPRISES LP | $420,000 | |
| Listed by MDC ENTERPRISES LP | |||
| | |||
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Gorgeous, completely renovated home in renown Allen ISD! Fresh modern renovation with contemporary modern finishes, lots of natural light, and smart home features throughout. Modern mahogany front door, high vaulted ceiling in formal living room, open concept dining area with modern
chandelier, beautiful kitchen with white shake cabinets, stainless appliances with gas range and quartz
counters, spacious den with gas fireplace! All new LOW-E windows, smart electric window blinds, smart home locks and lights, recent 35 Year Roof Warranty, Foundation Lifetime Warranty, new backup home generator, recent HVAC and water heater, fresh landscaping, and new 8' Fence with Electric Gate! Overall, beautiful home in great school district in Allen! The manager has listed the unit size as 2023 square feet.
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| Apr 24, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed by Texas Urban Living Realty | $285,000 | |
| Listed by Texas Urban Living Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017