3249 Chapel Downs Drive
About This Property
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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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by Keller Williams Rockwall | $475,000 | |
| Listed by Keller Williams Rockwall | |||
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NO HOA! Beautifully updated home situated in a great neighborhood in Northwest Dallas! You will love this light-filled, open concept floorplan with vaulted ceilings. Entertainers dream with kitchen, dining and family room open to each other. Bright kitchen with white cabinets, granite countertops, stainless appliances and a large island. Relaxing owners retreat down with ensuite bath and 2 closets. Secondary bedrooms are upstairs with jack-n-jill bath. Neutral paint throughout. Modern, energy-efficient front door. Huge backyard with modern fence, pergola and open patio. This home backs to a walking trail and bike path. Come see this one today! Refrigerator, washer & dryer convey with home.
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| Dec 11, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2020 | Listed by Texas Urban Living Realty | $375,000 | |
| Listed by Texas Urban Living Realty | |||
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Gorgeous updated Northwest Dallas home in great neighborhood! Amazing great-room with high vaulted ceilings and open concept living, dining and kitchen areas! Updated kitchen with white cabinetry, granite countertops, stainless steel appliances, walk-in pantry, and large island that opens to the living and dining areas! Light-filled living space with wood-burning fireplace! Spacious owner's suite down with large walk-in closet and large bathroom with separate vanities, 2nd closet and deep tub & shower. Additional bedrooms up with jack-n-jill bathroom and new carpet. Fresh neutral paint in & out. New modern energy-efficient front door. Huge backyard with modern fence! Backs to walking trail - bike path.
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| Oct 17, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017