585 Grace Lane
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%.
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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2023 | Listed by Keller Williams Realty DPR | $445,000 | |
| Listed by Keller Williams Realty DPR | |||
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This is a must-see half duplex, perfect for an investor or homeowner looking for all the modern upgrades. Home is located in highly desirable Coppell ISD, this 3BD 2 Bath has been FULLY RENOVATED!! A few new features are as follows: HVAC, water heater, high-efficiency windows, custom cabinets, modern exterior paint, fully renovated kitchen, gorgeous bathrooms, new LVT flooring with hybrid wood veneer, and an 8ft board on board fence that goes around your private pool! Too many improvements to list. Please note pool is currently being cleaned!
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| Feb 6, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2022 | Listed by Designer Realty | $485,000 | |
| Listed by Designer Realty | |||
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WOW!! Is what you're going to say when you see this one! With over 100K in upgrades this duplex is one like you have never seen before! Located in the heart of Coppell, with the highly acclaimed Coppell ISD, this 3BD 2 Bath has been FULLY RENOVATED!! A few new features are as followed: HVAC, water heater, high efficiency windows, custom cabinets, modern exterior paint, 84' living room fan, fully renovated kitchen and bathrooms, new LVT flooring with hybrid wood veneer and a 8ft board on board fence that goes around your private 30X15 pool! Please ask your agent for the full list of improvements.
You will enjoy coming home to this beauty knowing you're getting a mix of charm within the neighborhood and a taste of modern features. Come check see it for yourself and fall in love with the uniqueness that this has to offer. Finish your days off in the media room or outside by the fire fit. This home is perfect for the growing family or someone that just loves to entertain!
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| Aug 9, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017