$405,000
●
House -
Off Market
1709 Laurelwood Drive
Denton, TX 76209
2 Beds
1 Bath,
1
Half Bath
2,171 Ft²
$2,469
Est. Monthly
2.98%
Cap Rate
About This Property
Discover your ideal home in the warm and welcoming community of
Crestwood Heights Edition, locally known as" Idiots Hill". This
beautiful residence, a standout in the neighborhood, has recently
undergone a thoughtful rejuvenation. It now shines with fresh paint
and new, plush carpeting, making it ready for you to move in and
start your next chapter. Its classic design is not only visually
appealing but also creates a warm and inviting atmosphere, perfect
for both relaxing and entertaining. Set on one of the largest
corner lots in the area, this home offers a unique blend of privacy
and open space. The mature oaks that surround the property provide
a tranquil canopy. Living in "Idiots Hill" means being part of a
community known for its peaceful ambiance. Enjoy strolls, easy
access to parks, and the convenience of nearby award-winning
schools, shopping centers, & medical facilities. This property is a
once-in-a-lifetime opportunity to live in the most desirable area
of Denton.
Unit Size
2,171 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$184
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1956
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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: 3 years ago (NTREIS #20505835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by eXp Realty | $399,000 | |
| Listed by eXp Realty | |||
| Oct 19, 2023 | No longer available | - | |
| No longer available | |||
| Sep 24, 2023 | Listed by StepStone Realty LLC | $389,000 | |
| Listed by StepStone Realty LLC | |||
| | |||
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This gorgeous home is in the coveted Crestwood Heights Edition (aka Idiots Hill) that is quietly nestled on one of the most beautiful and largest corner lots in the neighborhood. This incredible home possesses features that represent a time in American history when things were constructed to last for eternity. Timeless in its design, this home is the perfect platform for entertaining and eagerly awaits your personal features that will exponentially appreciate in value in the future. Nestled under a beautiful canopy of mature oaks, the sound of shaking leaves accentuates the seclusion, peace and serenity on a lot that expands for over half an acre! This beautiful and established neighborhood is prominently known for its peaceful walks and its nearby parks. This amazing home is timeless, and represents a prime example of American quality.. not quantity. The manager has listed the unit size as 1986 square feet.
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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
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Crestwood Heights
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Listed by: Lisa Copeland, eXp Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20505835
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20505835
Details provided by NTREIS and may not match the public record
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