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2111 Rheims Drive
About This Property
Ideally located in the heart of Carrollton with convenient access to President George Bush Turnpike, I-35E, and the Dallas North Tollway, residents enjoy proximity to premier shopping, dining, entertainment, parks, walking trails, and Maridoe Golf Club.
Designed with both functionality and elegance in mind, the home features 4 spacious bedrooms, 3.5 updated spa-inspired bathrooms, a flexible floor plan, coffee bar, two fireplaces, and designer finishes throughout. Expansive windows and soaring ceilings fill the home with natural light, creating a bright and inviting atmosphere.
The chef's kitchen serves as the centerpiece of the home, showcasing a premium ZLINE cooktop, custom cabinetry, Taj Mahal quartzite countertops, and designer finishes that seamlessly connect to the open living and dining spaces. Luxury LVP flooring and updated lighting enhance the home's sophisticated character.
The primary suite offers a private retreat featuring a spa-inspired bathroom and spacious walk-in closet with custom organization. Outside, enjoy a peaceful courtyard-style setting with a flagstone pathway, mature landscaping, and a fenced backyard perfect for entertaining or relaxing.
Recent upgrades include a high-efficiency dual HVAC system, two new water heaters, paid-off solar panels, updated electrical panel, fresh paint, new garage door, epoxy-coated garage flooring, and a beautifully renovated kitchen.
A rare opportunity to own a meticulously updated home in one of Carrollton's most desirable neighborhoods, offering luxury, comfort, convenience, and a lifestyle that seamlessly blends privacy, charm, and accessibility in an exceptional location.
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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.
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About Southwest Carrollton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017