7272 Tangleglen Place
About This Property
A grand entryway with graceful arched pass-throughs welcomes you to the main living area, featuring dramatic cathedral-style wood ceilings, a massive stone fireplace, custom built-ins, expansive windows framing the covered patio and backyard, and a stunning wine cellar. Rich White Oak hardwood floors flow throughout, enhancing warmth and timeless sophistication.
Designed for both entertaining and everyday living, the kitchen is a true centerpiece with a massive island, commercial-grade appliances, double ovens, a butler's pantry with a second sink and dishwasher, and a hidden walk-in pantry. The first floor also includes a sun-filled office with custom built-ins, a guest bedroom with en suite bath, a media room, and a sitting area, offering flexible spaces for work, leisure, and gatherings.
The primary suite is a luxurious retreat with its own private laundry, a massive custom walk-in closet, and a spa-like bath with dual vanities, soaking tub, and oversized shower.
Upstairs features a bonus room, an additional full bath, two bedrooms with private en suites, and another generously sized bedroom, providing abundant space for family and guests.
Mature trees and lush landscaping enhance the front curb appeal, while a covered patio and large grassy backyard provide an ideal space for entertaining or relaxing in privacy. A gated fence and three-car garage complete this meticulously executed residence. Every detail has been designed with intention, creating a timeless, sophisticated home, a true hidden gem for elevated, luxurious 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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About North Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017