414 Edgelake
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 |
|---|---|---|---|
| Jun 11, 2023 | No longer available | - | |
| No longer available | |||
| Jun 9, 2023 | Listed by Compass RE Texas, LLC. | $800,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
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This fabulous lot can be the site of your dream home on almost a half-acre lot in Lake Highlands Estates with beautiful views of the downtown skyline and White Rock Lake. Zoned to the covetted Hexter Elementary. Walk or bike to the lake to explore the extensive hike and bike trails. Enjoy the gorgeous sunsets, fishing off the piers, boating at one of the sailing clubs, playing at the dog park, strolling the grounds of the Dallas Arboretum, and shopping at one of several nearby shopping centers. This is truly a one of a kind property! Value in lot.
| |||
| May 29, 2023 | In contract | - | |
| In contract | |||
| May 14, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Relisted | $1,750,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017