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1515 Nightingale Lane
About This Property
The main level features hardwood floors throughout the living areas and a gas fireplace that adds a warm focal point to the living room. The kitchen includes granite countertops, tiled flooring, a breakfast area, and easy access to the separate dining room. The primary bedroom is located on the main floor and includes hardwood floors, generous windows, and an ensuite bath with dual sinks, a garden tub, a separate shower, a walk-in closet, and a dedicated linen closet. Upstairs, three additional bedrooms anchor a large family room, creating a versatile space for media, play, or multi-purpose use. A full bathroom serves the upper level. Outside, the backyard features a covered patio and an in ground pool with a vinyl liner. The liner is currently torn and will need replacement, offering buyers the opportunity to customize the pool to their preferred style and finish. Two mature magnolia trees add charm to the front yard. The home is close to Meadowview Park, Denton ISD schools, and all the shopping, dining, and entertainment Denton has to offer. This home combines space, convenience, and the freedom of no HOA, all in a desirable location.
Title is open at Freedom Title Flower Mound; can close in Denton.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by Century 21 Mike Bowman, Inc. | $449,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Jul 20, 2023 | No longer available | - | |
| No longer available | |||
| Jul 18, 2023 | Sold | ||
| Sold | |||
| Jul 9, 2023 | In contract | - | |
| In contract | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017