3630 Teal Avenue
About This Property
Elan Smart Home Automated Control System, commercial grade WIFi , Lutron lighting and automatic window shades in addition to TOTO toilets. The main living area is bright and airy, with dining, living and kitchen spaces that flow seamlessly together creating the perfect area for entertaining guests or relaxing. The kitchen is complete with stainless steel appliances, granite counter tops, tile back splash and gas cooking. Special amenities include: built-in wine cooler, patio, covered 3rd floor walkout deck with built-in gas grill & fridge, over sized garage with enclosed storage and epoxy flooring. The third floor offers a tranquil space for work, exercise or unwinding. Community amenities include a pool, pavilion and dog park. Ideally situated near Downtown, Uptown and all major highways.
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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.
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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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Dave Perry Miller Real Estate | $855,000 | |
| Listed by Dave Perry Miller Real Estate | |||
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Dave Perry Miller Real Estate | $654,900 | |
| Listed by Dave Perry Miller Real Estate | |||
| | |||
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Incredible value for sunny zero-lot home with $150K in upgrades close to Love Field, HPV. Bells & whistles equals ELAN Smart Home Automated Control System, Captura UVC air sterilization system, Lutron lighting, automatic window shades, commercial-grade Wifi access points, built-in wine cooler, wood flooring, epoxy floor in oversized garage and enclosed storage. With beautifully landscaped yard and easy pool access, it features an open floor plan downstairs, side patio & semi covered 18x13' 3rd floor walkout deck with built-in gas grill & fridge off study-living area. Master bedroom is generously sized and bath has double vanity, separate tub-shower, TOTO toilet plus custom closet system adjoining laundry room.
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Property Highlights
Building Info
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Price/ft²
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About Northwest Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20693045
Details provided by NTREIS and may not match the public record
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