8807 Kenton Drive
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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.
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 16, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Keller Williams Realty DPR | $775,000 | |
| Listed by Keller Williams Realty DPR | |||
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Welcome home to this completely updated 4 bedroom 2 bath with refreshing pool nestled on a beautifully landscaped lot with mature shade trees in highly desired Merriman Estates in Richardson ISD. Modernized to maximize today’s living with features that include wood floors, low-e windows, plantation shutters, renovated baths, thoughtful and functional built-ins, 2 fireplaces, wet bar and game room area and more. Light and bright kitchen features custom cabinets, granite, stainless steel appliances, double ovens, gas cooktop and large breakfast nook with beautiful windows and outdoor views. Owner’s retreat boasts a gas fireplace, oversized light-filled bath with double vanities, 2 walk-in closets, separate shower and soaking tub. Separate study just off owner’s suite could also be used as an additional dressing closet, an infant room or storage space. Spacious guest bedrooms. Incredible backyard with tranquil pool, deck and pergola is perfect for outdoor living, dining and entertaining.
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| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | Listed by Compass RE Texas, LLC. | $575,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017