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6543 Turner Way
About This Property
Inside, arched architectural details, exposed wood beams, and a cast stone fireplace define the main living space. The layout offers flexibility, with two bedrooms downstairs, including a guest suite with direct access to a covered patio. Two powder baths and dual laundry rooms - one connected to the primary suite - add practical convenience.
The kitchen features Taj Mahal countertops, white oak cabinetry, and top-of-the-line appliances, including a Wolf range and Sub-Zero refrigerator. The primary suite serves as a private retreat, complete with marble finishes in the bathroom, an oversized closet, and direct access to the laundry room. Additional spaces include a dedicated office, media room, and a pre-wired game room. A three-car garage adds to the home's functionality.
Outdoor living includes a terraced backyard, outdoor grill area, and fireplace. Ideally positioned with access to major Dallas corridors, shopping, dining, parks, and highly regarded schools, this home offers the balance of privacy and convenience that defines North Dallas living.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017