25
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3049 Latham Drive
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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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by Regal, REALTORS | $367,000 | |
| Listed by Regal, REALTORS | |||
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Dec 13, 2025 | Listed by Allie Beth Allman & Assoc. | $275,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Northwest Dallas home, adjacent to the prestigious Midway Hollow area, is in a quaint, lovely neighborhood offering a comfortable and practical layout with 3 bedrooms. Property is in need of a complete renovation and is BEING SOLD AS-IS. Situated on a spacious 60X125 lot with mature trees and surrounded by well maintained homes. Floor plan offers flexibility for reconfiguration or expansion. This cozy single-family home offers classic mid-century charm in this quiet northwest Dallas neighborhood. Convenient access to shopping, dining, parks, schools.
Currently the wall between the primary bedroom and third bedroom was removed. It could easily be added back to provide three full bedrooms.
Functional floor plan with about 1320 sq ft of livable space. Latham is ideal for an investor to renovate for future lease or sale.
The home is in need of a complete renovation. A new roof and foundation repairs are necessary.
Large fenced backyard on a generous 60X125 lot and a attached 2 car garage. RARE opportunity for a full renovation in a highly desirable setting. Recent comps show the home, after renovations, could bring a sales price of $400-$425 depending on updates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017