1345 Elmhurst Drive
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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 |
|---|---|---|---|
| Feb 26, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by Atlas Real Estate of TX, LLC | $245,000 | |
| Listed by Atlas Real Estate of TX, LLC | |||
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Welcome to 1345 Elmhurst Dr, a recently renovated single-family home in Garland's Devonwood Park. This exquisite property offers a remarkable living experience with modern upgrades and timeless features. The stunning kitchen boasts sparkling stainless appliances and a sophisticated subway tile backsplash. The interior features new luxury vinyl plank flooring, fresh paint and new HVAC in 2022, creating a welcoming and cohesive living space. The updated bathroom offers a serene oasis with modern fixtures and finishes. Outside, the large private yard with wonderful curb appeal provides endless possibilities for tranquil evenings or lively gatherings. Ideally located in Devonwood Park, this home is surrounded by parks, retail and dining options, offering suburban tranquility within easy reach of city amenities. Don't miss the opportunity to own a piece of paradise with recently renovated interiors, fantastic curb appeal, and a prime location. Schedule your private showing today!
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| Jul 11, 2022 | Sold | ||
| Sold | |||
| Jun 13, 2022 | Listed by Ebby Halliday Realtors | $149,900 | |
| Listed by Ebby Halliday Realtors | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20084034
Details provided by NTREIS and may not match the public record
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