1507 Hillcrest 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 |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by REDESTIN REAL ESTATE | $240,000 | |
| Listed by REDESTIN REAL ESTATE | |||
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Newly renovated home located in a well established neighborhood in Arlington TX! All this just minutes away from Arlington's Entertainment District!! PRIME location, equidistant from downtowns of Dallas-Fort Worth, under 2-mi to Cowboys Stadium, Rangers Ballpark, GM, Texas Live! and UTA. This upgraded home features 3 bedrooms 2 baths with new luxury laminate flooring throughout the open concept floor plan! Granite counter top throughout. Open concepts! Upgraded master bathroom and hall bathrooms. New roof was installed few months. This cute home offers fresh paint inside. Foundation was repaired with lifetime transferable warranty.
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| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Susy Saldivar Real Estate | $175,000 | |
| Listed by Susy Saldivar Real Estate | |||
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WE have received multiple offers and are requesting Highest and best by Monday at 5 PM 3-15-21. Bring your paint brush and your imagination. Cosmetics needed but lots of work already done including plumbing replacement including new sewer line, HVAC replacement, Water heater replacement, electrical work and foundation work. Great value and handyman dream!! Convenient to shopping
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017