3808 Cedarbrush Drive
About This Property
The floor plan offers tremendous flexibility with a primary suite and four additional guest bedrooms. The owner's suite features a large walk-in closet with a beautiful marble bathroom that enjoys an oversized shower, dual sinks and great storage. An additional flex space off the living room can serve as a home office or playroom. This large lot is highlighted by beautiful mature trees and an oversized backyard ideal for entertaining. A spacious patio features a built in kitchen added in 2019 and an outdoor TV and large seating area.
Ideally located with easy access to all the shopping and dining the area has to offer, as well as major travel arteries for a quick commute anywhere in Dallas.
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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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by Compass RE Texas, LLC. | $995,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Nov 21, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 16, 2024 | Price Decreased |
$998,000
↓ $81K
(7.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017