16101 Red Cedar Trail
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.
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Keller Williams Dallas Midtown | $1,100,000 | |
| Listed by Keller Williams Dallas Midtown | |||
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This elegant home, located in an established and highly desirable N Dallas neighborhood zoned for Richardson ISD, perfectly balances comfort, style, and functionality. From the moment you arrive, you’ll be captivated by its exceptional curb appeal, featuring a circular drive and well maintained landscaping that welcomes you home.
Inside, the thoughtfully designed floor plan offers 5 bedrooms, 4 bathrooms, 3 spacious living areas, and 2 dining areas ensuring there’s plenty of room for everyone. The newly renovated kitchen is a chef’s dream, boasting an expansive island, a built-in refrigerator, and abundant storage. Its seamless flow into two generously sized living areas makes this home ideal for hosting grand-scale events or intimate family gatherings.
Designed for adaptability, the home’s flexible layout accommodates changing family needs or multigenerational living. The upstairs retreat includes a loft-style office, a sprawling living room with a cozy fireplace, a kitchenette, a private bedroom, and a full bath—perfect for guests, in-laws, or a growing family.
The first-floor primary suite is a true sanctuary, complete with dual walk-in closets and a spa-inspired bathroom featuring a luxurious soaking tub, walk-in shower, and his-and-her vanities. Beautiful flooring, plantation shutters, vaulted beamed ceilings, ceiling fans and stylish decorative lighting throughout enhance the home’s timeless charm.
Step outside to enjoy the enclosed sunroom and a spacious outdoor patio, perfect for year-round relaxation or entertaining. Whether you’re savoring quiet mornings with coffee or hosting summer barbecues, this space offers endless possibilities.
With its unbeatable combination of style, functionality, and location, this home is ready to meet all your needs and exceed your expectations. Don’t miss the opportunity to make it yours!
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| Apr 28, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Dave Perry Miller Real Estate | $825,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Wonderful five bedroom in prestigious Prestonwood Creek and sought after RISD. The flow between the two spacious living areas and open kitchen make this home perfect for hosting grand scale parties or intimate family gatherings. The flexible floor plan can adapt to family changing needs or can be multi-generational. Upstairs boasts a bedroom, living area and kitchenette while downstairs has a private bedroom suite. To complete this home is a cozy covered porch, outdoor patio, 3rd parking pad, circle drive, an abundance of storage and 24 hr. police patrol(PID in this section of Prestonwood). Recent updates include master bath, wood floors, windows, fresh paint, roof and more. Don't Miss this Incredible Home!
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Property Highlights
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About North Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017