220 E Grubb Drive
About This Property
Discover this fantastic 4-bedroom, 2-bath home nestled in the heart of Mesquite, TX. Perfectly situated for easy commutes, this property offers quick access to HWY 80, I-20, I-635, and I-30. Enjoy the convenience of nearby shopping, dining, and entertainment.
Step inside to an updated white kitchen featuring granite countertops, stainless steel appliances, and a gas cooktop, ideal for home chefs. The bright, open layout is complemented by stained concrete floors in the common areas, adding a modern touch. A versatile second-floor bonus area serves as the 4th bedroom.
The backyard is your personal oasis, complete with a refreshing pool-perfect for Texas summers. This move-in-ready home combines style, comfort, and a prime location. Don't miss out on this incredible opportunity! NO HOA
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Price Decreased |
$299,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Oct 4, 2024 | Price Decreased |
$309,000
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Sep 21, 2024 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017