5219 Morningside Avenue
About This Property
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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 |
|---|---|---|---|
| Mar 10, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Compass RE Texas, LLC | $725,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautifully expanded & remodeled Tudor on quiet block in the heart of the M Streets & exemplary Mockingbird Elem features 3 BRs, 3 full baths & option of 4th BR. Picture-perfect drive up with wrap around porch & turret. Stunning architectural details include original stainglass windows, hardwoods, iron sconces & 9 ft coved ceilings. Charming formals with fireplace opens to light-filled sunroom-study surrounded with leaded glass windows. Updated kitchen with granite counters & SS appliances opens to cute breakfast nook. 2 generous sized guest BRs & 2 baths down. Fabulous master suite up with WIC & updated bath covered in marble. Nursery off master could be 4th BR. New oversized 2.5 car garage & auto gate.
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Price/ft²
Listed On
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About Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017