$274,000
●
House -
Off Market
1607 Milam Way
Carrollton, TX 75006
3 Beds
2 Baths
1,564 Ft²
$372,513
RealtyHop Estimate
35.51%
Since Feb 1, 2021
TX-Dallas
Primary Model
About This Property
MUST SEE this 3 Bedroom 2 Bath remodeled home in the highly desired
Carrollton-Farmers Branch neighborhood. Remodeled with fresh paint
inside and out. New composite roof. Enjoy a cozy living room with a
cozy fireplace. Updated bathrooms and kitchen with granite
countertops and newly installed backsplash. Come and take a look at
this charming home in a great neighborhood minutes from Downtown
Carrollton, COX Farmers Market Farmers Branch and right around the
corner from Carrollton Park Village.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$176
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (NTREIS #14460486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Keller Williams Realty | $325,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to this charming, single-story brick home! This older gem boasts modern upgrades, including a brand-new electrical panel and a top-of-the-line AC unit for year-round comfort. Safety is paramount with a hard-wired security system.
Located within walking distance of the high school, this property offers convenience for your family's daily routine, and easy freeway access makes commuting a breeze.
Inside, you'll discover a spacious office, perfect for remote work or easily converted into a fourth bedroom. Additionally, a 2-car garage provides ample parking and storage space. Don't miss your chance to own this updated, versatile home!
| |||
| Jan 20, 2021 | Sold | ||
| Sold | |||
| Oct 26, 2020 | Listed by Nuciel, REALTORS | $274,900 | |
| Listed by Nuciel, REALTORS | |||
| | |||
|
MUST SEE this 3 Bedroom 2 Bath remodeled home in the highly desired Carrollton-Farmers Branch neighborhood. Remodeled with fresh paint inside and out. New composite roof. Enjoy a cozy living room with a cozy fireplace. Updated bathrooms and kitchen with granite countertops and newly installed backsplash. Come and take a look at this charming home in a great neighborhood minutes from Downtown Carrollton, COX Farmers Market Farmers Branch and right around the corner from Carrollton Park Village.
| |||
| Jul 9, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Downtown Carrollton
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Listed by: Juan Hernandez, Nuciel, REALTORS
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14460486
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14460486
Details provided by NTREIS and may not match the public record
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