4702 Purdue Avenue
About This Property
New roof and gutters 2019. Two new HVAC units and insulation 2021. New pool pump 2021.
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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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by Compass RE Texas, LLC. | $869,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Fantastic updated home in one of the most sought-after neighborhoods in Dallas. Wonderful layout and open floor-plan for entertaining. The chef's kitchen opens up to the living room beautifully. Two story outdoor deck and pool with generous yard. Large second story primary bedroom with a private balcony for lounging. Sizable walk-in closet and updated bathroom. Perfectly located in the heart of Briarwood on a quiet street.
New roof and gutters 2019. Two new HVAC units and insulation 2021. New pool pump 2021.
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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