6532 Briar Ridge Lane
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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 12, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Dave Perry Miller Real Estate | $575,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Mediterranean inspired home with a new circle driveway. 3 bed, 3 bath. Office, formal dining, guest room, and living room with a fireplace all downstairs. Kitchen includes double ovens, gas range and range hood, side-by-side refrigerator, and a built in wine cellar. Master and third bedroom are upstairs along with a spacious game room and separate media room that can also be turned into a bedroom. Smart home appliances and sound systems. Low maintenance backyard with an incredible swimming pool and spa- one of only two private pools in the neighborhood! Mini golf area, pool cabana, and balcony overlooking the pool. Plano schools but lower Denton County taxes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017