2229 Pine 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 |
|---|---|---|---|
| Jul 1, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Brownstone Real Estate Group | $450,000 | |
| Listed by Brownstone Real Estate Group | |||
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2 Kings Development presents this charming 1918 craftsman bungalow. No expense spared in this thoughtful complete renovation featuring designer finishes throughout which include customs cabinets, quartz countertops, a custom chef’s kitchen, a generous owners suite with wetroom style ensuite, double vanities and private 3 seasons screened porch off the suite. Featuring an enchanting study that doubles as an extra bedroom, well-appointed second bathroom, gleaming wood floors, an electric fireplace, cedar pergola in a garden oasis, new garage, roof, HVAC, electric, plumbing, LED lighting, and ceiling fans in all bedrooms, fresh sod yard with new sprinkler system and premium landscaping package. Privacy, charm, convenience, and quality are all wrapped up behind an electric gate located in this upcoming South Dallas neighborhood. This area is experiencing new construction throughout and is centrally located, minutes from Downtown, & Fair Park. Highest & Best Due 05-24-2022
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| Nov 3, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2020 | Listed by Letshine Realty LLC | $64,000 | |
| Listed by Letshine Realty LLC | |||
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About Southeast Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14448975
Details provided by NTREIS and may not match the public record
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