6247 Walnut Hill Lane
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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 |
|---|---|---|---|
| Mar 23, 2022 | No longer available | - | |
| No longer available | |||
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Feb 19, 2022 | In contract | - | |
| In contract | |||
| Feb 13, 2022 | Listed by Ultima Real Estate | $1,650,000 | |
| Listed by Ultima Real Estate | |||
| | |||
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Gorgeous custom built one-story Tuscan home w- a courtyard, gameroom & separate entry guest house equipped with a full kitchen & an attached garage. Main house is 3189 sqft, guest house is 542 sqft. This home boasts of high ceilings, leathered marbled kitchen countertops, antique reclaimed wood flooring, beams & trusses, travertine tile floors, & high-end Thermador SS appliance package. Energy saving upgrades include radiant barrier, foam wall, insulated roof deck, & tankless water heater. Imported travertine driveway, walkways, & patio decks. Down the street from a pedestrian-friendly Preston Hollow Village where you can enjoy tons of bars, spas, shopping, & outdoor restaurants. Minutes to Downtown Dallas. The manager has listed the unit size as 3189 square feet.
| |||
| Jan 13, 2022 | Listed by Ultima Real Estate | $1,650,000 | |
| Listed by Ultima Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017