329 Lake Cliff Drive
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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%.
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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.
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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by Compass RE Texas, LLC | $368,999 | |
| Listed by Compass RE Texas, LLC | |||
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Diamond in the rough, located just 1 mile from the vibrant Bishop Arts District and walking distance to Lake Cliff Park, this 3-bedroom, 2-bathroom home marries 1926 charm with modern updates. Step into an open-concept living and dining space perfect for both cozy nights and social gatherings. The kitchen has been updated with brand new appliances, countertops and finishes. All bedrooms offer comfort and style, and the renovated bathrooms add a lovely touch. Recessed lighting throughout ensures a bright and welcoming ambiance. And a new roof from 2020 provides peace of mind. Fenced in backyard with a wood deck is ideal for BBQs or relaxation. This fabulous home will be wonderful for first time home buyers OR investors! Just minutes from Downtown Dallas and major freeways, this home offers convenience and modern living in a historic setting. Don't miss out on this well priced home in the heart of the City! This home qualifies for ZERO down and $6,500 in closing credits!!!
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| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Price Decreased |
$359,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Sep 29, 2023 | Listed by Compass RE Texas, LCC | $369,500 | |
| Listed by Compass RE Texas, LCC | |||
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SELLER OFFERING A 2-1 BUY DOWN ON INTEREST RATES. Located just 1 mile from the vibrant Bishop Arts District and walking distance to Lake Cliff Park, this 3-bedroom, 2-bathroom home marries 1926 charm with modern updates. Step into an open-concept living and dining space perfect for both cozy nights and social gatherings. The kitchen has been updated with brand new appliances, including a refrigerator, and finishes. All bedrooms offer comfort and style, and the renovated bathrooms add a touch of luxury. Recessed lighting throughout ensures a bright and welcoming ambiance. A new roof from 2020 provides peace of mind. Fenced in backyard with a wood deck is ideal for BBQs or relaxation. This fabulous home will be wonderful for first time home buyers OR investors! Just minutes from Downtown Dallas and major freeways, this home offers convenience and modern living in a historic setting. Don't miss out on this well priced home in the heart of the City! The manager has listed the unit size as 1372 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017