703 Wayne Avenue
About This Property
Energy-efficient features include fully foam-incapsulated insulation, radiant barrier decking, LED lighting, WiFi thermostats, and WiFi sprinkler system. Cookout on the patio with your outdoor kitchenette featuring a gas grill, sink, and space for a mini-fridge. Granite countertops, stainless steel appliances, gas cooktop. The owner's suite is on the first floor, with 3 bedrooms on the 2nd level and a bonus room with additional storage space! Bring your offers!
The manager has listed the unit size as 2450 square feet.
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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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2023 | Listed by Keller Williams Dallas Midtown | $439,999 | |
| Listed by Keller Williams Dallas Midtown | |||
| | |||
|
$7,500 towards the buyer closing cost! Welcome to your dream home in the heart of a vibrant, developing neighborhood! Nestled amidst the promise of growth and community, this newly constructed residence offers modern living intertwined with the allure of potential. This newly constructed modern-traditional style home in downtown Van Alstyne is less than 20 minutes from Sherman and McKinney—walking distance to the newly developed Central Social District where you can enjoy events for you and the family.
Energy-efficient features include fully foam-incapsulated insulation, radiant barrier decking, LED lighting, WiFi thermostats, and WiFi sprinkler system. Cookout on the patio with your outdoor kitchenette featuring a gas grill, sink, and space for a mini-fridge. Granite countertops, stainless steel appliances, gas cooktop. The owner's suite is on the first floor, with 3 bedrooms on the 2nd level and a bonus room with additional storage space! Bring your offers!
| |||
| Dec 1, 2022 | No longer available | - | |
| No longer available | |||
| Mar 1, 2022 | Price Increased |
$499,900
↑ $35K
(7.5%) | |
| Price Increased | |||
Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Van Alstyne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017