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1331 Cloverdale Drive
About This Property
The fully renovated kitchen is the centerpiece of the home, featuring custom cabinetry, updated countertops, stylish backsplash, new appliances, and a new sink. Recent major improvements provide peace of mind, including foundation work, installation and plumbing updates, a new AC unit, new water heater, updated windows in the bedrooms, kitchen, and bathrooms, plus new doors and hardware throughout. Additional updates include new ceiling fans in the living room and primary bedroom.
The private primary suite offers a relaxing retreat, while secondary bedrooms provide flexibility for guests, a home office, or growing families. Step outside to enjoy the refreshed backyard with trimmed trees, newly installed grass, and plenty of space for entertaining, gardening, or relaxing outdoors.
Conveniently located near highly rated schools, parks, shopping, dining, and major commuter routes, this beautifully updated Richardson home combines classic neighborhood appeal with modern comfort and convenience.
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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%.
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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 14, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by INC Realty, LLC | $515,000 | |
| Listed by INC Realty, LLC | |||
| Apr 28, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by JPAR - Uptown | $400,000 | |
| Listed by JPAR - Uptown | |||
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MULTIPLE OFFERS. DEADLINE Sunday 6PM. Outstanding, completely updated single story home. Zoned to sought after Arapaho Classical Magnet! Elongated Living room with striking engineered floors and neutral painted walls. Spacious dining area will accommodate your large farmhouse table and the French doors open up to allow in lots of natural light. Interior showcases a wonderful open flowing floor plan! Kitchen is stunning w-a beamed ceiling, drop down pendant lighting, long island, subway tile backsplash, open shelving, farmhouse sink, SS apps + plenty of space for multiple chefs! Full size utility room w-open shelving! Unwind in the private Master Suite! Updated bathrooms & nicely sized guest bedrooms! Backyard features a large patio that is ideal for family BBQ's and is the perfect entertaining space while watching the kids play on the playset. Great sized yard offers mature trees that provide an abundance of shade, perfect for TX summers. Great location, close to parks, tennis & pools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017