6240 Malcolm 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Mar 30, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed | $714,900 | |
| Listed | |||
| | |||
|
Classically updated light and bright home on a beautiful treed lot in Mockingbird Elementary. Large formal living room with fireplace that includes gas logs and adjacent to the dining room. Beautiful white kitchen with stainless steel appliances, white subway tile backsplash and adjoining breakfast area and den with built ins that overlooks a beautifully landscaped back yard. Gorgeous master with en suite spa-like bathroom with two separate vanities and soaking tub. Two additional spacious bedrooms are upstairs and share a large, updated bathroom. The manager has listed the unit size as 2997 square feet.
| |||
| Feb 4, 2020 | Listed by Compass RE Texas, LLC. | $714,900 | |
| Listed by Compass RE Texas, LLC. | |||
Property Highlights
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Price/ft²
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About Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017