2616 Avenida Loop
About This Property
If you're looking for convenience, this home has it! Just minutes from Irving Mall, DFW Airport, and major highways, this property sits in a prime spot with easy access to shopping, dining, schools, and commuting routes.
This well-maintained older home offers 3 bedrooms, 2 full bathrooms, and a converted garage that serves as a bonus room-great for a home office, extra living space, or guest room. The layout is functional and comfortable, with space for everyday living.
The home has been freshly painted inside and features a low-maintenance brick exterior. It's clean, livable, and ready for someone to move in and make it their own. Whether you're looking to live in it or invest, this home has good potential.
With no HOA, it's especially appealing for investors or buyers looking to avoid extra fees and restrictions. The neighborhood is established and the location is hard to beat.
This isn't a brand-new home, but it's been cared for and offers a great opportunity for someone who values location and practicality. Come take a look and see the possibilities!
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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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Listed by Real Broker, LLC | $299,990 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017