2515 Madera Street
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Jun 2, 2022 | No longer available | - | |
| No longer available | |||
| May 31, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | In contract | - | |
| In contract | |||
| May 12, 2022 | No longer available | - | |
| No longer available | |||
| May 7, 2022 | Listed by David Griffin & Company | $1,675,000 | |
| Listed by David Griffin & Company | |||
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Tucked in one of the most walkable neighborhoods, this striking modern home in East Dallas is a short walk to Sprouts Farmers Market, Trader Joes, restaurants, salons, and many other establishments. Designed with clean lines and utilizing natural light with large windows throughout, this home emphasizes a calming simplicity. The sleek gourmet kitchen with custom cabinetry flows seamlessly to the expansive living space providing an excellent space to entertain or relax with family and friends. All four bedrooms enjoy the privacy of a full bath with the master suite being on the first level. The finishes include Italian tile floor, quartz countertops, and white oak flooring on the stairs and second floor. Covered patio with mounted outdoor television leads the way to the sparkling pool for year-round enjoyment and an escape from the summer heat.
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Property Highlights
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About Central Dallas
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017