4575 Elsby Avenue
About This Property
The thoughtful floor plan is perfect for family living and entertaining, seamlessly connecting indoor and outdoor living spaces. Downstairs, you will find a beautiful kitchen with walk in pantry and butler pantry that opens to a light filled family room, study, formal dining and a bar with wine storage. Downstairs primary bedroom with gorgeous bathroom and a large closet that opens to the laundry.
The backyard offers a wonderful covered patio and a spacious yard.
Upstairs, you'll find three secondary bedrooms all with en suite bathrooms and walk in closets. Additionally, there is a large game room with a wet bar and lots of storage!
This home is not to be missed.
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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 17, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Compass RE Texas, LLC. | $1,875,000 | |
| Listed by Compass RE Texas, LLC. | |||
Property Highlights
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About Northwest Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017