109 Oak Springs Loop
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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Compass RE Texas, LLC. | $310,000 | |
| Listed by Compass RE Texas, LLC. | |||
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This superbly-located home is nestled between beautiful Cedar Creek Lake and downtown Mabank, in the highly-sought-after Mabank ISD, and just 45 minutes from Dallas. It has a large open-floor plan with a magnificent chef’s kitchen - stainless steel appliances & quartz countertops - adjacent dining area and spacious living, all with great natural lighting & redesigned wood burning fireplace. The sizable primary bedroom suite has a charming nook with built-in desk and the luxe primary bath features a walk in closet, and separate shower. The relaxing backyard oasis has a covered patio, 30 yards of new sod, and a newly added AC (w power) to the storage building. Enjoy lake life without paying lake prices - the driveway even has an additional, extra-long parking spot for a boat.
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| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 17, 2021 | Listed by Coldwell Banker American Dream | $289,000 | |
| Listed by Coldwell Banker American Dream | |||
| Nov 18, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017