7702 Morton Street
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Compass RE Texas, LLC. | $1,550,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Beautifully designed and decorated 4 bedroom, 3.5 bath custom home built on a corner lot with a rear entry garage. Conveniently located in Lovers Lane Heights near upscale shopping and dining, Love Field airport, the Medical District and the Tollway. Enter this lovely traditional home from the covered porch into the two story foyer and stunning dining room. The kitchen, living and breakfast room open to one another and overlook an inviting outdoor living and cooking space. The primary retreat with marble bath and double closets is on the first floor as is an office with built-in cabinets. Upstairs there is a spacious landing for a seating area; 2 bedrooms with a shared bath; a bonus room; and a luxurious guest suite tucked away at the back of the house. Not photographed but important to note, there is a play space or dog space at the back of the lot. Such a warm and inviting home with large spaces to gather! Must see!
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| Dec 1, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by Compass RE Texas, LLC. | $1,225,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Lovely home on a corner lot in Lovers Lane Heights. Beautiful drive up appeal with the antique brick covered porch. Gourmet kitchen w a large island opens to the family room and built-in breakfast nook. Walls of french doors bring the outside in. The primary suite is on the 1st floor with high ceilings w beadboard panels, free standing tub, separate shower, make-up area and 2 closets. Formal dining and formal study are on the front of the home. Upstairs are 2 bedrooms with shared bath and a gameroom. Attic space can be finished out for another large bedroom and bath (plans available). Lovely courtyard type backyard with covered patio and outdoor kitchen. Play space beyond as well. Walk to shopping and dining.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Northwest Dallas
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14656707
Details provided by NTREIS and may not match the public record
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