2004 Caddo Street
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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.
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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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by eXp Realty LLC | $489,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Perfectly situated 50 x 125 Lot Zoned MULTI-FAMILY MF2. Land value with excellent rental opportunity to delay new construction or buy and hold. Qualifies for traditional financing and interest rate buydown. Luxury lifestyle in popular sought after neighborhood with equity on the rise. Newly renovated near downtown with walking distance to Target and restaurants, and a 10 min drive to luxury stylish North Park Mall, Dallas Love Field Airport, and the medical district. Home includes real wood flooring throughout, granite countertops, shaker style cabinets with under mount lighting, gas cooktop, stainless steel vent hood, built in microwave and oven, and luxurious bathrooms, and nest thermostat. Updates made to flooring, kitchen, bathrooms, new interior and exterior paint, new front and back deck, landscape, and new driveway. Spacious owners retreat with en-suite bath and separate secondary bedrooms for comfortable living. Private gate access for entry.
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| May 16, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Allie Beth Allman & Associates | $450,000 | |
| Listed by Allie Beth Allman & Associates | |||
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About Central Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20023197
Details provided by NTREIS and may not match the public record
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