7557 Benedict Drive
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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%.
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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 25, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Compass RE Texas, LLC. | $2,995,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Oct 3, 2020 | No longer available | - | |
| No longer available | |||
| Aug 15, 2020 | Listed | $2,395,000 | |
| Listed | |||
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Welcome home to this totally tranquil, completely re-built home in The Cloisters featuring BREATHTAKING PANORAMIC BACKYARD VIEWS OF WHITE ROCK LAKE! Re-designed by Maestri Studio with the ultimate entertainer in mind. 4 bedrms down, each incl. private luxurious bath. Additional upstairs guest suite can be used as a 5th bdrm, bonus living space or game room. Master suite exudes lavishness with opal white satin marble, designer lighting, sweeping views of White Rock. No expense was spared in the designer kitchen, featuring Pietra Imperiale waterfall island, Macaubus quartzite countertops, Ann Sacks tile, double Sub-Zero fridge, freezer+Wolf appliances. Designer kitchen opens to the great room and backyard patio. The manager has listed the unit size as 5591 square feet.
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| Aug 14, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Northeast Dallas
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$4,350 /mo
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$4,395 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017