5339 Willis Avenue
About This Property
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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.
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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 |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Compass RE Texas, LLC. | $1,595,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Newer construction completed in 2019 in one of East Dallas’ most popular neighborhoods. Featuring an open floor plan w tall ceilings + windows that bathe the home in natural light. Main floor anchored by an open living-kitchen-dining area that flows seamlessly from indoors to out + serves as the perfect set up for entertaining. Designer finishes, custom trim + top of the line appliances highlight the craftsmanship thru-out. Spacious owner’s suite w spa-like bathroom + walk-in closet located on the 1st floor, along with a 2nd BR that can also serve as a home office. Two add'l guest suites upstairs, each private baths + walk-in closets, and a large media game room w full bath. Impressive guest quarters above the 2-car garage offer the opportunity for an efficiency apartment. Covered patio with gas fireplace, built in grill and automated screens offer a relaxing outdoor space overlooking the fully turfed backyard with putting green. Easy access to Lower Greenville + Knox-Henderson!
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| Aug 8, 2019 | No longer available | - | |
| No longer available | |||
| Jul 22, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed | $1,150,000 | |
| Listed | |||
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Tucked away in one of the most highly sought-after neighborhoods in Dallas, 5339 Willis is a short drive to the Central Business District and walking distance to Knox-Henderson and Lower-Greenville. With open entertainment space, grand entryway, high ceilings, custom quartzite and cabinets, and luxurious master, this 4 bed, 6 bath home includes a media room, home office, large outdoor living area and kitchen, and spacious mother-in-law suite above a two-car garage. Ideally situated between Lower-Greenville and Knox-Henderson, 5339 Willis uses custom and high-quality design elements that create an open, contemporary feel while maintaining a warm and “homey” ambiance throughout. Built to stand the test of time! The manager has listed the unit size as 3857 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017