5307 Morningside Avenue
About This Property
Charming classic Tudor home on premier M-Streets block. Vaulted ceiling in the living area along with the original stained glass windows. Updated kitchen features stainless appliances. Beautiful hardwood floors in living room & bedrooms. Updated baths. 200+sqft Office-flex room in the detached garage is not on the tax rolls. Large covered back patio is perfect for grilling and entertaining. Zoned for the outstanding Mockingbird Elementary.
Near Lower Greenville, Mockingbird Station, and White Rock Lake.
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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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Apr 13, 2021 | Listed by Allie Beth Allman & Assoc. | $615,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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***Please Submit All Offers by Sunday at 8pm***
Charming classic Tudor home on premier M-Streets block. Vaulted ceiling in the living area along with the original stained glass windows. Updated kitchen features stainless appliances. Beautiful hardwood floors in living room & bedrooms. Updated baths. 200+sqft Office-flex room in the detached garage is not on the tax rolls. Large covered back patio is perfect for grilling and entertaining. Zoned for the outstanding Mockingbird Elementary.
Near Lower Greenville, Mockingbird Station, and White Rock Lake.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Central Dallas
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14542944
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