865 Russell Lane
About This Property
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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%.
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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.
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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, 2023 | No longer available | - | |
| No longer available | |||
| Jun 20, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | In contract | - | |
| In contract | |||
| May 25, 2023 | No longer available | - | |
| No longer available | |||
| May 18, 2023 | Listed by Redfin Corporation | $315,000 | |
| Listed by Redfin Corporation | |||
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This adorable 3 bed, 2 bath home is located in the established Joiner Acres. This home offers many unique features, among them is the cedar planked wall in dining room creating a warm and welcoming environment for entreating your guest, this space is open to the living room and kitchen, the kitchen offers ample counter, cabinet space, and stainless steel appliances. Once an ordinary garage, this space has been thoughtfully repurposed into a utility room, with a hidden space that is perfect place for a office or storage. The updated full-size and primary bathroom create an amazing place to relax and unwind after a long day. Step onto the back patio and discover a world of possibilities as this home features a huge backyard a great place to host summer barbecues. Nestled in the heart of the DFW metroplex boasting a prime location near major Highway 183 & 121, in close proximity to DFW Airport, shopping centers, dining establishments, & entertainment, additionally part of the HEB ISD! The manager has listed the unit size as 1400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017