5001 Highbank 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.
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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Feb 19, 2023 | Listed by VisaLand Realty | $310,000 | |
| Listed by VisaLand Realty | |||
| | |||
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Multiple Offers received , the best or final by 9pm of Feb 24.This a generously-sized corner lot, the delightful home boasts three cozy bedrooms and two modern baths, located in the welcoming Oakwood Garden sub-division, perfect for families. Recently remodeled and updated with fresh carpet, a new coat of paint, new bathroom tiles and fixtures, and new stainless steel appliances in the kitchen. The master bathroom features elegant granite countertops, adding a touch of luxury to your daily routine. Downstairs, the spacious living area flaunts sleek vinyl wood floors. An insulated garage with AC and Heater equipped will make it perfect to make a workplace and another storage unit in the back yard with the potential of making a full-size workshop. Just a short walk to Bowie High School and an easy commute to any destination in the DFW area, this home is ready to move in and make it yours. Don't miss this opportunity, it won't be available for long.
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| Dec 14, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Keller Williams Frisco Stars | $250,000 | |
| Listed by Keller Williams Frisco Stars | |||
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About Southeast Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017