3215 Wake Street
About This Property
Enjoy multiple outdoor living spaces, including a covered backyard patio and an incredible rooftop deck with a covered patio-perfect for entertaining or relaxing while taking in views of the Downtown Dallas skyline. Ideally located within walking distance to Trinity Groves' popular dining and entertainment options, this home offers the perfect blend of convenience, design, and elevated living.
All appliances shown are for visual staging purposes only; the refrigerator, dishwasher, microwave, and range will be installed prior to closing. Washer and dryer are not included.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017