$397,000
●
House -
Off Market
1812 Gross Road
Dallas, TX 75228
3 Beds
1 Bath,
1
Half Bath
1,623 Ft²
$2,265
Est. Monthly
6.00%
Cap Rate
About This Property
Beautifully renovated home for your comfort, enjoyment and peace of
mind for years to come. Brand-new roofing and polished siding. New
front and back doors. The interior showcases a contemporary design
and functionality. Sunlight streams through brand-new windows, with
freshly textured walls and ceilings, painted in neutral tones.
Electric Garage door. All plumbing work has been updated, including
new PVC sewer lines. The bathrooms feature new mirrors, showers,
cabinets, toilets, faucets, and flooring. Open-concept living and
dining room. Fully-equipped kitchen, complete with all-new
appliances(excluding refrigerator), quartz countertops and a
stylish backsplash. The bar area offers additional storage and
space for a mini-fridge. Red oak handcrafted hardwood floors
throughout the home and new insulation in the attic. Private
backyard and welcoming front porch.
Schedule a viewing today and experience the epitome of modern living.
Schedule a viewing today and experience the epitome of modern living.
Unit Size
1,623 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$245
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1964
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #20585922)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Coldwell Banker Realty | $396,990 | |
| Listed by Coldwell Banker Realty | |||
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | Listed by The Agency Collective LLC | $199,900 | |
| Listed by The Agency Collective LLC | |||
| | |||
|
Unearth this hidden treasure! This home is ready for a TOTAL makeover, offering an exciting opportunity for investors or for the urban professional, seeking to personalize their own city-suburban living experience. Location & price are it's true allure. Located just 15 min from dwntwn, a stone's throw away from White Rock Lake, & priced significantly below market value, this property is a must see! Investing in this property means investing in a lifestyle: the hustle & bustle of city life right at your doorstep with a quiet location to come home to. The home is directly across the street from Truett Elementary, adding to it's convenient location. This home requires a comprehensive reno, all new updates, along with a good deep clean to neutralize odors, but it's been priced accordingly! After repairs, similar homes in this neighborhood are selling btwn $350-$400K! This property is a fantastic opportunity that's awaiting the right owner to polish it to perfection. Being sold as-is.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Northeast Dallas
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Carlos Mendoza, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20585922
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20585922
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017