40
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726 Armstrong Boulevard
About This Property
The main level features soaring ceilings, abundant natural light, and an open floor plan. At the heart of the home is a gourmet chef's kitchen with custom white cabinetry, a large center island, breakfast bar, breakfast nook with a tall wine refrigerator, and premium stainless steel appliances-including a built-in gas cooktop, hood, double wall ovens, microwave, and dishwasher. Nearby, a dedicated home office provides a quiet workspace. Also on the main level are two private suites: a luxurious primary retreat with a spa-inspired bath, dual vanities, soaking tub, walk-in closet, and dual-head rainfall shower, plus a guest suite positioned for privacy. Upstairs features a versatile game room, secondary bedrooms with a connecting bath, and a loft area with a built-in desk.
Outside, the resort-style backyard includes a sparkling pool and spa, fire pit lounging area, and mature landscaping. Situated near premier parks, dining, shopping, major corridors, and award-winning Coppell ISD schools, this property delivers luxury and convenience in one of Coppell's best communities.
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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 |
|---|---|---|---|
| Nov 9, 2026 | Sold | ||
| Sold | |||
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Price Decreased |
$1,250,000
↓ $149K
(10.7%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$1,399,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$1,499,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017