$390,000
●
House -
Off Market
1909 Arvada Drive
Richardson, TX 75081
4 Beds
2 Baths,
1
Half Bath
2,714 Ft²
$459,888
RealtyHop Estimate
24.63%
Since May 1, 2021
TX-Dallas
Primary Model
About This Property
OFFER ACCEPTED. Property will be updated to AO by end of the day
today. Yale Elementary. This modern ranch is ready for work and
play. With multiple places to set up a WFH space, you can
head out to the new back porch area to have your favorite beverage
when the day comes to a close. Two large living areas, with a
centrally located kitchen and the largest refrigerator on the block
guys. Coffee or wine bar off living room for higher level
entertaining. Additional updates include high end stone
countertops, vinyl plank flooring and a master bathroom you won't
want to leave. Interior AC updated in 2020. Walking distance to
Yale elementary and Yale park.
Unit Size
2,714 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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: 6 months ago (NTREIS #14535927)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Compass RE Texas, LLC | $369,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
OFFER ACCEPTED. Property will be updated to AO by end of the day today. Yale Elementary. This modern ranch is ready for work and play. With multiple places to set up a WFH space, you can head out to the new back porch area to have your favorite beverage when the day comes to a close. Two large living areas, with a centrally located kitchen and the largest refrigerator on the block guys. Coffee or wine bar off living room for higher level entertaining. Additional updates include high end stone countertops, vinyl plank flooring and a master bathroom you won't want to leave. Interior AC updated in 2020. Walking distance to Yale elementary and Yale park.
| |||
| Jul 9, 2017 | Listed | $329,900 | |
| Listed | |||
| | |||
|
Motivated Sellers. Beautifully updated home in established Richardson neighborhood. Contemporary two story with four bedrooms and 2.1 baths. Two large living areas, formal dining and eat in kitchen. Coffee or wine bar off living room. High end granite countertops and wood laminate flooring. Master bath is spectacular with a statement shower and multiple shower heads. Two large closets in Master bedroom. 8ft privacy fence (June 2017). Balcony with iron railing (June 2017). Exterior AC unit (June 2017). Sunroom updated with new tile and separate AC unit. Minutes from the new City Line development and major employers. Walking distance to Yale elementary and Yale park. The manager has listed the unit size as 2725 square feet.
| |||
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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Type
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Baths
ft²
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HOA + Taxes
About Yale Park
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Listed by: Ryan Kirkpatrick, Compass RE Texas, LLC
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14535927
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14535927
Details provided by NTREIS and may not match the public record
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