3105 Phillip Drive
About This Property
Beautiful, immaculate, 4 bdrm, 2 bath brick home on a quiet tree-lined street in the pristine Wintergreen neighborhood. Large eat-in kitchen, cozy living area, and front flex room that can be used as either a dining room or office. Huge, private primary ensuite and three secondary bedrooms. Oversized private backyard oasis with many possibilities. Vaulted ceilings and crown molding, plus tons of updates, including new wood-look tile floors, new paint throughout, new roof, and completely updated kitchen. Great location midway between Dallas and Fort Worth and close to DFW Airport. Acclaimed Birdville ISD, and within walking distance to Echo Hills Park. This house fits every need, from entertaining friends to raising your growing family, or simply enjoying a quiet evening in the backyard.
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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 27, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | Listed by Coldwell Banker Realty | $435,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017