5919 Elderwood Drive
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 |
|---|---|---|---|
| Feb 2, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by CLAY STAPP + CO | $1,045,000 | |
| Listed by CLAY STAPP + CO | |||
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Welcome to this striking Ranch style home in highly sought after Preston Hollow. This home has huge trees that create a canopy over the entire property keeping it cool in the hot summer. Behind the lush greenery, fresh white paint on the brick contrasts perfectly with the black painted trim. Inside you will find 3 large living areas providing plenty of room for entertaining. Both bathrooms have been tastefully updated and there are thick wood blinds throughout the house. Out back, the yard is composed of green turf, pavers and more mature trees providing tons of shade. A newer, 2 car garage is detached and in perfect condition with room for a lift. It is a short stroll to Northhaven Trail so you won’t have an excuse for skipping morning or evening walks. There isn’t a better place to live in Dallas than right here and right now!
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| May 19, 2022 | Sold | ||
| Sold | |||
| Apr 10, 2022 | Listed by Coldwell Banker Apex, REALTORS | $885,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017