2531 Springhill Drive
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%.
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 |
|---|---|---|---|
| May 11, 2023 | Sold | ||
| Sold | |||
| Mar 29, 2023 | Listed by Allie Beth Allman & Associates | $589,000 | |
| Listed by Allie Beth Allman & Associates | |||
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Come fall in love with this chic, sophisticated mid-century modern situated on a .3-acre park-like setting in sought after Casa Linda Forest. This stunner was recently renovated inside and out including new windows, landscaping, roof, electrical, plumbing, 8' fence with privacy gate, designer finish out and so much more! Home features open concept with large kitchen island, custom inset cabinets, 2 living areas with gas fireplace, gorgeous hardwood floors, new appliances, tons of natural light and a large backyard with plenty of entertaining space. Just minutes from White Rock Lake, Casa Linda Shopping Center, Downtown Dallas, Bishop Lynch High School and Dallas Athletic Club. You won't want to miss this head turner!
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| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 28, 2021 | Listed by eXp Realty, LLC | $525,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017