7809 Pencross 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 |
|---|---|---|---|
| Apr 21, 2021 | Sold | ||
| Sold | |||
| Mar 31, 2021 | Listed by Orchard Brokerage | $616,000 | |
| Listed by Orchard Brokerage | |||
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Beautiful 4 bed, 3.5 bath home in sought-after Highlands North, zoned for exemplary RISD schools. Gorgeous foyer w decorative lighting & crown molding leads to spacious living room w vaulted ceiling. Impressive hardwood floors in common areas & abundant natural light flows throughout home. Two dining areas & three living areas offer plenty of space for guests & entertaining. The kitchen features granite countertops, beautiful backsplash, island & double ovens. Home features lg master suite, generously sized sec bdrms w jack-and-jill bath & guest bed & bath on opposite side of home. Lg back yard grass w extended covered patio. AC unit 2 yo. Roof 5 yo. Click Virtual Tour link to view the 3D Matterport walkthru.
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About North Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017