650 Langdon Street
About This Property
Very Popular 3.2.2 floorplan named the Laurel is perfect for a variety of families . Explore Grand Heritage-adjacent Lake Lavon and Army Corps of Engineers forest with over 21,000 acres of fishing, camping, boating, hiking, and equestrian trails. * 1-Story * 3 Bedrooms* Wood-like Tile Flooring * Granite Countertops * Stainless Steel Appliances * Neighborhood Amenities include Jogging Path, 2 Pools, Swim-up Bar, Splash Park, Water Slide, Fitness Center, Clubhouse, Tech Center, and much more!
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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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by RE/MAX Dallas Suburbs | $299,950 | |
| Listed by RE/MAX Dallas Suburbs | |||
| Sep 12, 2023 | No longer available | - | |
| No longer available | |||
| Sep 9, 2023 | Price Decreased |
$319,000
↓ $6K
(1.8%) | |
| Price Decreased | |||
| Aug 24, 2023 | Price Decreased |
$324,950
↓ $4K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017