7509 Continental Drive
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 |
|---|---|---|---|
| Jun 21, 2022 | Sold | ||
| Sold | |||
| May 1, 2022 | Listed by Keller Williams Realty DPR | $459,990 | |
| Listed by Keller Williams Realty DPR | |||
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Almost new home in excellent condition. Some features are still covered under builders warranty. Quiet family subdivision, McKinney ISD. Private lot location, good sized back yard with covered patio. Wide open floor plan, soaring ceilings, neutral colors, brushed nickel fixtures, lots of windows and natural light, lots of storage space. Kitchen w granite counters, white subway tiled backsplash, SS appliances, gas cooktop and oven, recessed lighting, kitchen island, opens up to main living area with cast stone gas log fireplace. Expansive LVT flooring downstairs. Big master suite with beautiful master bath, split vanities, solid surface counters, walk in closet. Wrought iron baluster, second living up along with 3 good sized bedrooms and a full bath.
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| Apr 30, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Jeanette Anderson Real Estate | $311,990 | |
| Listed by Jeanette Anderson Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017