7607 Calypso Drive
About This Property
CHARMING! Following December 2015' tornado, Insurance Claim covered incredible updates exceeding all expectations to include floors, walls, HVAC, appliances, cabinets, counters, roof, fixtures and much more. This is a MUST-SEE home at this price. If you are looking for a great home, this is a 2 bedroom and 2 bath home with a one-car garage that is available to occupy after July 31st. This Royce City home rests between two branches of Lake Ray Hubbard. North of I-30 and East of George Bush Tollway, this home offers quick access to major highways. This one will not last long.
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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 |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| Jun 10, 2019 | Listed by Ebby Halliday, REALTORS | $150,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017