40
Map
1138 Nolte 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 |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Paragon, REALTORS | $730,000 | |
| Listed by Paragon, REALTORS | |||
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | Listed by Ebby Halliday, REALTORS | $430,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Double Lot Opportunity in Prime Elmwood Location – Walkable to DART + Tyler Station! Calling all investors, builders, and visionary homeowners — this rare half-acre property in Oak Cliff’s charming Elmwood neighborhood offers endless possibilities! Just two blocks from the Tyler-Vernon DART Station and Tyler Station mixed-use development, this double lot includes two homes: a 1928 main house full of vintage character and renovation potential, plus a smaller 464 sq ft second home on the attached lot that also conveys. Whether you're dreaming of restoring the original home with a stylish guest house or starting fresh with new construction on both lots, the canvas is yours to create. This is a golden opportunity in one of North Oak Cliff’s most walkable and transit-connected pockets. Located minutes from the Bishop Arts District, this property offers unmatched access to shopping, dining, and entertainment, along with an easy DART ride to downtown Dallas and beyond. Opportunities like this are becoming increasingly rare — secure your spot in one of Dallas’ most dynamic and creative communities. Endless potential. Prime location. Double the opportunity. Property is being sold strictly as-is. Seller will perform no repairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017