605 Castleman Court
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 |
|---|---|---|---|
| Nov 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 1, 2025 | Relisted | $725,000 | |
| Relisted | |||
| Aug 26, 2025 | Listed by Mark Spain Real Estate | $725,000 | |
| Listed by Mark Spain Real Estate | |||
| Feb 2, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Monument Realty | $769,000 | |
| Listed by Monument Realty | |||
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This sprawling ranch style home sits on almost 1.5 acres! No HOA!! It is like country living in the city! This unique, one-story property, is perfect for peace and relaxation. Located in highly sought after Moreland Manor, this lovely home is a rare gem. If you are searching for privacy and tranquility, look no further! Unwind on the covered back porch after a long day. The view of trees, field and countryside is amazing. You will instantly feel at home as you enter. Welcome to the spacious living area, complete with a wood burning fireplace and a wet bar. The kitchen has loads of cabinet and counter space - an entertainer's dream. Add your own personal touches to make this a true showplace. Highly rated Keller ISD- brand new Florence Elementary is within walking distance. 10 minutes from Southlake Towne Square -high end retail and restaurants. 15 minutes from DFW Airport. BONUS - NEW ROOF IN MAY 2022.
IF YOU ARE SEARCHING FOR PRIVACY AND TRANQUILITY LOOK NO FURTHER!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017