702 Thoreau Lane
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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by Keller Williams Legacy | $449,990 | |
| Listed by Keller Williams Legacy | |||
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Welcome to this beautifully updated single story ranch situated in an established Allen community. This spacious 4 bedroom, 2.5 bath features extensive updates throughout with granite counter-tops, extensive hardwood floors, interior paint and more. Once inside you'll be greeted with french sliding doors leading into the formal living room with gorgeous built-in cabinets and a nice flow into the formal dining room that could be used as a study. Make your way into the inviting family room highlighted by wood beamed vaulted ceilings and a cozy fireplace. Whip up a home-cooked meal in the fully equipped kitchen with stainless appliances, gas range, beadboard back-splash, and granite counter-tops. Escape to the luxurious primary bedroom complete with two closets for ample storage, updated en suite bath and private backyard access. Enjoy entertaining year-round outdoors gathered with friends and family around the firepit. Desirable location with nearby Allen High School, Parks and Hwy 75.
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| Mar 11, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by HomeLister, Inc. | $414,900 | |
| Listed by HomeLister, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017