4326 Margate Drive
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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%.
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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.
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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 2, 2023 | Sold | ||
| Sold | |||
| Dec 9, 2022 | Listed by Compass RE Texas, LLC. | $1,745,000 | |
| Listed by Compass RE Texas, LLC. | |||
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|
Accepting back up offers! Best Opportunity in Preston Hollow priced to sell with a TON of long-term upside and price appreciation. 5 bedrooms and 4.5 bathrooms now under $1.8 million! Perfect for a growing family. New homeowners will need no major capital improvements or expenses. New roof, 3 new HVAC units, exterior and interior painted, three remodeled bathrooms, gas lamps, new water heater and front and back yard sodded with sprinkler upgrade. Charming curb appeal, large lot-backyard, hardwood floors, flag stone patio, storage shed. Priced for new owner to add their own finishing touches. Downstairs: Primary suite with remodeled bathroom with large shower and soaking tub, large downstairs guest suite, family room, dining area, office & workshop space in the garage. Upstairs: expansive living space great for teenagers or large playroom for younger children, game room, 2 bedrooms with adjoining baths and walk-in closets with built-in storage. Private street near all PH conveniences!
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| Apr 30, 2021 | Sold | ||
| Sold | |||
| Nov 12, 2020 | Listed by Dave Perry Miller Real Estate | $1,050,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Two story charmer in desirable Manchester Estates of Old Preston Hollow, boasting a generous 0.42-acre lot on a quiet cul-de-sac of only 12 homes. Wind down on your front porch, shaded by mature trees in a beautiful neighborhood. Spacious primary suite and two additional bedrooms downstairs, with two more en suite bedrooms and game room up. Kitchen and adjacent butler's pantry could be opened up to a fabulous, open-concept living and dining. Move-in ready, but at a price point that allows for modernization and personalization on your time frame. Just a short walk or drive away from Central Market and fabulous restaurants and retail. Proximity to Love Field, top private schools, and Bachman Lake and bike trails.
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| Oct 4, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
Listed On
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About Northwest Dallas
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14449475
Details provided by NTREIS and may not match the public record
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