724 Nottingham Drive
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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 31, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | Listed by Dave Perry Miller Real Estate | $435,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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**Multiple offers received - Best and final due today by 5pm**. Welcome to 724 Nottingham Drive, a truly unique gem nestled in the heart of Richardson TX! Step into a world of modern elegance where each room is thoughtfully designed to create a perfect blend of style and functionality. Original gleaming hardwoods throughout, gives this home a warm original touch. The 4th bdrm is unique for this area, it is currently being used as a walk in primary closet with celebrity style vanity & sitting area, this flex space can be convert back to 4th bdrm, office, workout, yoga retreat! The gourmet kitchen large enough for an island and guests, w frm sink, quartz cntrs, soft close drawers and much more! Home with open-concept living areas flow seamlessly, providing an ideal setting for both intimate gatherings and lively celebrations. Gather in the tranquil oversized back yard, complete with fire pit area, w abundance of room to run and relax.
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| May 28, 2020 | Sold | ||
| Sold | |||
| Apr 18, 2020 | Listed by JP & Associates Frisco | $320,000 | |
| Listed by JP & Associates Frisco | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14324026
Details provided by NTREIS and may not match the public record
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