49 Downs Lake Circle
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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%.
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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.
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 |
|---|---|---|---|
| Jan 11, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by Dave Perry Miller Real Estate | $1,350,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Just bring your belongings and move in! House has been transformed from 2019 to 2020. A wow across the board in updates! Front exterior white, windows, front door, landscape, garage doors, HVAC, Control 4, pool, lighting, interior paint, stylish light fixtures throughout to name a few! The Downs of Hillcrest residents enjoy 24-hour gated manned security. See I plan in the media section for the floorplan. See amenity sheet in the media section for improvements.
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| Jan 4, 2019 | No longer available | - | |
| No longer available | |||
| Oct 11, 2018 | Price Decreased |
$1,290,000
↓ $85K
(6.2%) | |
| Price Decreased | |||
| Aug 23, 2018 | Listed | $1,375,000 | |
| Listed | |||
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Luxury living at the coveted Downs on Hillcrest gated neighborhood. Beautiful home with modern finishes and amenities. Perfect floor plan for entertaining and every day living with a great wet bar, open kitchen, big family room and master plus guest downstairs. Resort style back yard and a 3 car garage plus additional space in the big open driveway. Huge gameroom, 2 bonus rooms, office and a finished attic. Huge walk in closet with built ins. This home is a must see. The manager has listed the unit size as 5551 square feet.
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About North Central Dallas
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14318200
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017