1316 Compton Street
About This Property
The proximity to Bishop Arts, the Dallas Zoo, and Downtown ensures an abundance of amenities and attractions for future residents. From trendy shops and dining to cultural landmarks and entertainment. The favorable location, coupled with the promise of stunning Downtown Dallas views, makes this land an enticing opportunity for investors, developers, and builders looking to leave their mark in one of Dallas' most coveted neighborhoods.
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Cap Rate Calculator
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 28, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by DFW Elite Living | $37,500 | |
| Listed by DFW Elite Living | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017