1321 Oak Meadows Drive
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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2023 | Listed by RE/MAX DFW Associates | $240,000 | |
| Listed by RE/MAX DFW Associates | |||
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Seller has received Multiple Offers and is requesting best and final offers by Noon on Tuesday, September 19th. Well-maintained home close to schools, parks, and easy commuting options. Situated on a quiet street in well-established Highland Oaks neighborhood with beautiful mature trees. Located just minutes from Bishop Arts, Kiest Park, downtown Dallas & area shopping & restaurants. Home offers 2 living areas, 3 bedrooms, 2 bathrooms, fenced backyard and attached 2-car garage. Fireplace, built-ins and two living areas add to the charm of this home. Recent updates include carpets and interior paint (2021), AC (2022), gas cooktop (2016), new electric panel and foundation repairs (2023). Add a little TLC and this is a great home for an owner to build equity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017