3765 Waterside Court
About This Property
This charming one-story home sits just steps from Addison's newly renovated pond, offering peaceful views and walkable convenience in one of the community's most desirable enclaves. A thoughtful renovation in 2022 enhanced the primary bath, kitchen, windows and just days ago the home received fresh interior paint, brand-new kitchen appliances, and a newly stained fence-making it truly move-in ready.
Located in the heart of Addison, residents enjoy unbeatable access to dining (the most restaurants per capita west of the Mississippi!), quick routes to both airports, and the highly coveted Addison Athletic Club-with a lifetime membership for only $10.
This home offers the perfect blend of lifestyle, location, and low-maintenance living in a vibrant, amenity-rich community.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Nov 30, 2025 | Listed by Compass RE Texas, LLC. | $599,500 | |
| Listed by Compass RE Texas, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017