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3667 Rolling Meadows Drive
About This Property
Step outside to your covered patio featuring a built-in cabinet, refrigerator, and granite countertops. The backyard also includes a powered 10x10 storage shed with additional patio space. Perfect for a workshop, hobby room or she shed. Additional highlights include oversized closets in every bedroom, an oversized garage with built-in storage, attic flooring for extra storage, solar screens, and no rear neighbors. Conveniently located 4 houses down from the community playground and park and within walking distance of International Leadership of Texas charter school.
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by Keller Williams Realty-FM | $420,000 | |
| Listed by Keller Williams Realty-FM | |||
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About Grand Prairie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017