1466 Elevado Drive
About This Property
The private rooftop terrace offers breathtaking views of the Dallas skyline, an ideal setting for relaxing or entertaining friends and family. Beyond the home's exceptional interior, residents have access to SoHo Square's world-class clubhouse amenities, including a resort-style pool, a fitness center, on-site Security, a game room with a fully equipped kitchen, and even a bowling alley. Soon, the highly anticipated lagoon will further elevate the lifestyle of this unique community.
With an assumable 2.875% loan, this home is not just a place to live but a smart financial opportunity. See and experience this luxurious townhouse for yourself!
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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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Monarc Realty | $660,990 | |
| Listed by Monarc Realty | |||
| Oct 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 11, 2024 | Price Increased |
$680,000
↑ $20K
(3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017