9614 Summer Drive
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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 |
|---|---|---|---|
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by Keller Williams Realty DPR | $400,000 | |
| Listed by Keller Williams Realty DPR | |||
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Location! Location! Location! Beautiful home in Autumn Park that feeds into FRISCO ISD! 4 bedroom, 2 bath, w salt water pool and an amazing outdoor covered patio that is perfect for entertaining family and friends! Outdoor kitchen with a commercial grade DCS grill and side-burner. Roof 2019, HVAC 2017. Gutters w leaf protection! Foundation repaired w transferrable warranty in 2017. Quiet neighborhood. Just minutes away from Collin College, Frisco Athletic Center and Lebanon Trail High School. Also close proximity to Stone briar Mall, Downtown Frisco, The Cowboys training facility and the new PGA headquarters!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017