27
Map
4008 Fairlakes 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 |
|---|---|---|---|
| Oct 14, 2026 | No longer available | - | |
| No longer available | |||
| Oct 14, 2026 | Listed by Ebby Halliday, REALTORS | $559,500 | |
| Listed by Ebby Halliday, REALTORS | |||
| Aug 26, 2026 | Price Decreased |
$569,000
↓ $13K
(2.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Ebby Halliday, REALTORS | $582,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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The HOA is voluntary only! This is a rare opportunity to own a spacious, character-filled home in one most sought-after established neighborhoods in Dallas. This 3 bedroom, 2.5 bathroom home features approximately 3,040 square feet with real hardwood floors that add warmth and character throughout the main living area. The inviting living room centers around a cozy fireplace and flows easily into the dining and kitchen spaces, creating an ideal layout for everyday living and entertaining. The main-floor primary suite is a true retreat with its own fireplace, generous proportions, and an ensuite bath designed for privacy and space. Upstairs, two secondary bedrooms share a classic Jack-and-Jill bathroom and each enjoy private access to a shared balcony, offering a unique indoor-outdoor connection perfect for morning coffee or evening unwind time. The split bedroom arrangement provides excellent separation of space for guests, family, or a home office setup. Additional highlights include an over sized 2 car garage with epoxy flooring, ample storage, and a well-proportioned backyard that’s ready for gardening, play, or future outdoor living enhancements. The home delivers a quieter, more private setting while still being close to major thoroughfares, parks, shopping, dining, and recreation. Custom-built home tucked away on an interior lot in the sought-after Fairway Estates community of the Dallas Athletic Club 36 hole golf course designed by the renowned golfer Jack Nicklas. KEEP COOL in this beautiful custom built home as the downstairs HVAC units was replaced in 2025, both the inside and outside unit, along with all of the ductwork in the attic. All windows on the first floor were replaced in 2025.
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| Jun 13, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017