611 Gladness
About This Property
4+ Acre Estate with Pool! Main house is 3 bed, 2.5 bath and 1828 sqft. Guest house is 3 bed, 2 bath, and 1200 sqft.
Turnkey, Energy-Smart Sanctuary with Horse-Friendly Fencing, and Serious Long-Term Value. Nestled in the highly acclaimed NISD school district this exceptional estate offers unparalleled access and convenience. A quick drive to DFW Airport and the surrounding areas. This safe, family-friendly community is ideal for business professionals, growing families, and those seeking a serene yet connected lifestyle.What Makes this Property Extraordinary? A fully fenced 4+ acre estate designed for ultimate seclusion and versatile living! Two beautifully appointed homes on one premium lot-ideal for multi-generational families, guests, remote work, or income-generating rentals! An in-ground pool with a dedicated pool house and secure gating for effortless relaxation and entertainment! Thoughtfully designed outbuildings, a new cement driveway with expanded concrete areas for parking and gatherings, and low-maintenance features that elevate everyday living! A seamless blend of high-end upgrades and energy-efficient systems for modern, sustainable comfort! Fresh updates throughout both homes, including refreshed bathrooms, kitchen enhancements, new roofing and sealing, resealed windows, and dependable HVAC systems! Energy Independence and Savings! A robust 25.2 kW DC solar system with two large batteries, 63.3 kWh extra storage, and dual inverters offsets most annual electricity needs (estimated 34,893 kWh AC first-year production and 76% utility bill offset), slashing utility bills and providing predictable costs for years to come!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 3, 2026 | No longer available | - | |
| No longer available | |||
| May 1, 2026 | Price Decreased |
$889,000
↓ $46K
(4.9%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by Remi Lane Real Estate | $935,000 | |
| Listed by Remi Lane Real Estate | |||
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by eXp Realty LLC | $499,999 | |
| Listed by eXp Realty LLC | |||
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One of a kind country living, OUTSIDE CITY LIMITS! On 4.24 acres, main house is 1,782 SF offering 3 bd 2.5 bths. Metal roof, above ground pool & spa. ASK ME how there's room to build up in main house, specifically designed when built. Main house has own well & septic, well runs shop. 40x75 shop with storage space, RV bay with an attached 2 bd 1 bth apartment approx 1,200 SF & bonus room & bathroom approx 600 SF. Shop has utility hookup & own electric meter & septic system. Shop is fully insulated minus RV bay. Apartment has own entrance, carport & covered deck. Many possibilities with apartment, INCOME PROPERTY, elderly parents, college student, etc. Far enough out of city but close enough to be convenient.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017