1604 Tower Drive
About This Property
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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.
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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 2, 2023 | Sold | ||
| Sold | |||
| Jun 20, 2023 | Listed by Keller Williams Realty | $325,000 | |
| Listed by Keller Williams Realty | |||
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Beautiful home located in the heart of Arlington, TX in central DFW! This open-concept, mid-century modern home has an oversized, open living, kitchen, and dining space that is perfect for entertaining. Tons of new finishes throughout, including upgraded kitchen with granite counter tops, stainless steal appliances, brick electric fireplace and dark hardwoods. The primary bedroom is a spacious retreat with ensuite bathroom, equiped with granite counter and large, walk-in shower. The luscious, large backyard is perfect for relaxing or for play. Additional concrete driveway allows for ample off street parking. Less than 3 miles from some of the best entertainment in North Texas, including Texas Live, AT&T-Cowboy's Stadium, GlobeLife Park- Ranger's Ballpark, Six Flags, Restaurants, Shopping, Highway access and only 20 mins from DFW International airport! No HOA!
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| Oct 15, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by eXp Realty LLC | $275,000 | |
| Listed by eXp Realty LLC | |||
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Stunning Mid Century Modern Home on the prettiest street in the neighborhood. Updated Kitchen with granite countertops and pretty glass backsplash overlooks a wonderful open concept formal dining area and family room and is anchored by a massive electric fireplace. Spa Like Owner's Retreat has an updated ensuite bath with oversized walk in shower. Both baths have granite topped vanities. Secondary bath has a built in linen closet. Light and bright laundry room overlooks large fenced in backyard. Owner added second driveway for additional off street parking. Some of the best entertainment in North Texas is nearby including Cowboy Stadium, Six Flags, and Hurricane Harbor. Close to restaurants and shopping.
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About Arlington Manor
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$2,000 /mo
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$1,920 /mo
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 14666264
Details provided by NTREIS and may not match the public record
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