12229 Cox Lane
About This Property
The covered front porch will welcome you into a bright and airy open floorplan. A spacious living and dining area with a brick fireplace and lots of natural light. An all white kitchen cabinets with a large island, marble countertops, stainless steel appliances, gas cooking, custom vent hood and a walk-in pantry. Primary bedroom with ensuite shower, walk-in closet and a sliding door to the back yard. 2 bedrooms with jack and jill bathroom. Additional guest bedroom, a full bath and a large utility room. A fenced in private back yard with a large slab perfect for entertaining. Hardwood flooring throughout main living and bedrooms , no carpet, new roof, windows and landscaping. Close to I-365 and DNT. MUST SEE!
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | Listed by SallyZDM Realty LLC | $725,000 | |
| Listed by SallyZDM Realty LLC | |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by Keller Williams Realty DPR | $450,000 | |
| Listed by Keller Williams Realty DPR | |||
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Fantastic opportunity to remodel on your terms and live in a neighborhood you love! Amazing location minutes from 635 and Dallas North Tollway. Join us this SUNDAY from 1:00 - 2:45 for an open house! Reach out for complete details + special features and to schedule a tour today.
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About Northwest Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20573527
Details provided by NTREIS and may not match the public record
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