9909 Laurel Cherry 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 |
|---|---|---|---|
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Feb 13, 2021 | Listed by Texas Elite Realty | $350,000 | |
| Listed by Texas Elite Realty | |||
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Frisco ISD! Inviting house with wood floors and stainless steel appliances. Spacious master bedroom and bathroom with separate shower and tub. Covered patio looks into large backyard. House faces north, northwest, and has solar panels for reduced electricity bills. Quick access to Dallas North Tollway, Highway 380, US 75, and Sam Rayburn Tollway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017