6009 Parkmeadow Drive
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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 |
|---|---|---|---|
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | Listed by Keller Williams Urban Dallas | $360,000 | |
| Listed by Keller Williams Urban Dallas | |||
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Perfect home for nature enthusiasts, large families and work from home professionals. This home has something for everyone! Excellent location near walking & biking trails, dog parks, lakes, shopping malls, Cowboys Stadium, Six Flags, schools and universities (Tarrant County Community College and University of Texas at Arlington). Everything you need is within 15 minutes! This home boasts 5 bedrooms and 3 full bathrooms. Large primary suite downstairs along with 2 other bedrooms and another full bath. 2 additional bedrooms and a full bathroom upstairs. One of the upstairs bedrooms may also be used as a playroom or theatre room, whatever works for you. Come see the spacious kitchen with granite counters and breakfast bar. Imagine enjoying your meals in front of the bay window. You will love the updated bathrooms, vaulted ceilings and all the storage space found throughout the home. So what are you waiting for? Come see it today!
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| Jan 28, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2019 | Listed by RE/MAX Associates of Mansfield | $225,000 | |
| Listed by RE/MAX Associates of Mansfield | |||
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About Southeast Arlington
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14216639
Details provided by NTREIS and may not match the public record
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