6556 Patrick Drive
About This Property
Step into a light-filled open-concept living space featuring vaulted, shiplap ceilings, original hardwood floors, and designer lighting. The heart of the home is the chef's kitchen, where a large island, custom cabinetry, and stainless steel appliances come together in a space that's as functional as it is beautiful.
Retreat to a spacious primary suite, complete with a tray ceiling, generous natural light, and a spa-like ensuite bathroom. The secondary bedrooms are equally inviting and ideal for guests, kids, or a home office.
Enjoy seamless indoor-outdoor living with double French doors that bring the outside in, creating a serene backdrop for daily life.
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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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jul 20, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Relisted | $898,000 | |
| Relisted | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Price Decreased |
$898,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Northeast Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017