2755 Gladstone Drive
About This Property
Recent improvements include new solar panels and added attic insulation, resulting in electric bills as low as $35 per month. The solar panels will be fully paid off at closing, or you can assume the loan at a low 1.5% interest rate to further reduce your overall payment costs.
All bedrooms have walk-in closets, with the primary suite offering two walk-in closets for abundant storage. The fully fenced backyard ensures privacy and includes a patio, carport, and access gate, while the front yard features an additional parking spot in the driveway.
Situated just minutes from the vibrant Bishop Arts District, downtown Dallas, and Trinity Groves, with easy access to major freeways, this home combines city convenience with peaceful living. Explore the documents and walkthrough video for details on the extensive updates. Don't miss this opportunity to own a move-in-ready gem!
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by DFWCityhomes | $405,000 | |
| Listed by DFWCityhomes | |||
| Jan 9, 2025 | No longer available | - | |
| No longer available | |||
| Nov 12, 2024 | Price Decreased |
$409,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017