5620 Pershing Avenue
About This Property
Step onto brand new White Oak Voss engineered wood floors atop a fully replaced subfloor-offering both beauty and durability. The kitchen and bathroom have been completely gutted, featuring all-new cabinetry, fixtures, and finishes that strike the perfect balance of modern and functional.
The upgrades continue with all new plumbing and electrical systems throughout the home, ensuring peace of mind for years to come. The primary bedroom boasts a new custom closet system, thoughtfully designed to maximize storage and organization.
Freshly painted, this home shines from every angle. Enjoy seamless indoor-outdoor living with double doors that open to a massive backyard-ideal for entertaining, relaxing, or future expansion. Sitting on one of the largest lots on Pershing, this property offers rare space and flexibility in a prime location.
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | Listed by Compass RE Texas, LLC | $499,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 11, 2020 | Sold | ||
| Sold | |||
| May 11, 2020 | Listed by Keller Williams Arlington | $339,000 | |
| Listed by Keller Williams Arlington | |||
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Amazing opportunity to own one of the largest lots on Pershing Ave, just minutes away from W 7th, Magnolia, and the Shops of Clearfork. Beautifully remodeled mid-century modern home with large living room that is flooded with natural light. Double doors lead to the deck that overlooks the gorgeous back yard. Eat-in kitchen with white cabinets, granite counters & stainless steel appliances. Generous sized bedrooms all with plantation shutters. From the open patio & deck to the large backyard, you can have many summer parties! ***Special financing available***
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| Oct 6, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017