1924 Spanish Trail
About This Property
This mid-century style home is located on a large, treed lot in south Irving. Perfect drive up appeal with the beautiful landscaping, stone and brick exterior, and covered front porch! It has been well maintained and is now ready for a new family! Spacious living area has a large brick fireplace and the wall of windows give it wonderful natural light. Kitchen has solid surface counters, lots of cabinets, and a gas cook top. Nicely updated with new carpet and windows. 15 min. from DFW Airport, 10 min from 183 and I-30. Go anywhere in DFW in 30 minutes! Ready for move in!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 11, 2021 | Sold | ||
| Sold | |||
| Dec 1, 2020 | Listed by RE/MAX DFW Associates | $222,000 | |
| Listed by RE/MAX DFW Associates | |||
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MULTIPLE OFFERS RECEIVED! ALL FINAL AND BEST TO BE SUBMITTED BY NOON, FRIDAY, DECEMBER 4TH!
This mid-century style home is located on a large, treed lot in south Irving. Perfect drive up appeal with the beautiful landscaping, stone and brick exterior, and covered front porch! It has been well maintained and is now ready for a new family! Spacious living area has a large brick fireplace and the wall of windows give it wonderful natural light. Kitchen has solid surface counters, lots of cabinets, and a gas cook top. Nicely updated with new carpet and windows. 15 min. from DFW Airport, 10 min from 183 and I-30. Go anywhere in DFW in 30 minutes! Ready for move in!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017