348 Kahala 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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by Highlands Real Estate | $625,000 | |
| Listed by Highlands Real Estate | |||
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*** Multiple Offers Received, Offer Deadline is 7:00 pm March 24th *** Just 1 mile from White Rock Lake, this updated Old Lake Highlands home features 3 bedrooms and 2 baths. The open floor plan showcases newly installed white oak floors, while the kitchen boasts a modern redesign with stainless steel appliances and pristine Carrera countertops. Both bathrooms have undergone stylish renovations, highlighting tumbled, edged marble tile and travertine floors, complemented by custom European antique vanities. Fresh interior & exterior paint and new light fixtures enhance the charm throughout. A large backyard with an oversized deck and privacy fence is perfect for outdoor entertaining. The roof and water heater were replaced in 2021. Walking distance to exemplary Hexter Elementary, and a quick commute to downtown Dallas.
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| Jul 18, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2023 | Listed by Compass RE Texas, LLC | $485,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017