810 Elbe Drive
About This Property
Roof fairly new. Open concept with kitchen bar and brand new dishwasher. Master bath includes a jetted garden tub. Fireplace in the living room. House is located in coveted Mansfield ISD. Conveniently located at a central point between Arlington, Dallas and Ellis County.
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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 30, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Price Decreased |
$399,000
↓ $41K
(9.3%) | |
| Price Decreased | |||
| Mar 15, 2025 | Listed by Carrington Real Estate Group | $440,000 | |
| Listed by Carrington Real Estate Group | |||
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A DIVINE RETREAT! REMODELED! UPGRADES GALORE (SEE ATTACHMENTS)! This home features loads of modern updates and thoughtful enhancements throughout. From USB-C ports, to LED lighting and Luxury vinyl plank flooring. Its attractive curb appeal and paint colors together create a cohesive and inviting space. The kitchen boasts marble countertops and high-end smart appliances, while the bathrooms have been fully remodeled with a sleek design. Additional upgrades include a epoxy flooring in garage (2021 approx), added attic insulation, newly replaced cacti, and newly installed sliding windows to invite fresh breezes.
The backyard is an entertainer’s dream with a pool featuring rock accents, a waterfall, LED lighting, a tanning ledge, and more. Recent improvements include a new pool booster pump, drainage system, and pavilion reinforcement.
NO HOA yet located in a desirable neighborhood and school district, this move-in-ready home blends luxury and practicality with over $150,000 in recent repairs and upgrades since 2021. The newest homeowners would remain in what they'd consider their dream home yet they must travel home. The new homeowner will be fortunate to enjoy recently replaced new cacti, doorbell camera, a backyard retreat to live for, and even tv mounts and curtain rods will remain in place as a courtesy. See it while it lasts! This is your opportunity to begin to enjoy a true daily oasis! Welcome to your slice of paradise!
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| Feb 7, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017