12015 Galva Drive
About This Property
Originally a 2-bedroom, 1-bath home, this property has been converted to a 4-bedroom, 1-bath layout to maximize space and rental potential. The home features a spacious backyard, ideal for entertaining, outdoor living, or future additions.
Property is being SOLD AS IS, making it an excellent opportunity for investors or owner-occupants looking to add personal touches. Located near parks, churches, grocery stores, recreation centers, Richardson ISD. Don't miss this chance to invest in a centrally located property with strong upside potential.
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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 3, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Monument Realty | $200,000 | |
| Listed by Monument Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017