715 Lipscomb Avenue
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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 |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 12, 2023 | Listed by Listing Spark | $725,000 | |
| Listed by Listing Spark | |||
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Totally updated 1920's Tudor in Junius Heights Historic District was taken down to the studs in 2017, thoughtfully rebuilt & now features the perfect combo of East Dallas charm & modern day amenities. Enter into spacious living with ample natural light, 11 ft ceilings, original hardwoods & front door, fireplace w- quartz surround & custom wood windows. Chef's kitchen w- quartz counters, high-end SS appliances including a 36in range & micro-drawer, work station & darling built-in bench. Fabulous master suite with his & her walk-in closets, dual sinks & separate tub-shower. Basement, massive mud room, walk-in pantry & utility room w- sink. Oversized 2-car garage & auto gate. Vivint Sys, Tesla Chgr & Toto Neorest
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| Nov 11, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by Compass RE Texas, LLC. | $635,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017