8409 Lake Bend Drive
About This Property
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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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by Regal, REALTORS | $400,000 | |
| Listed by Regal, REALTORS | |||
| | |||
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Interested in living in beautiful Rowlett, TX just minutes from the lake located in Garland ISD with your choice of Garland schools? Look no further! This lovely and spacious one-story, three bedroom, two bathroom estate boasts an open layout with natural lighting and vaulted ceilings. The oversized kitchen with breakfast area overlooks the family room and fireplace. The gourmet kitchen includes a 5-burner gas cooktop, double Kitchen Aide ovens with convection in top oven, tons of cabinet space & a HUGE island. The master bath has both a tub and separate custom shower as well as dual closets in the master suite. Additional room could be a study or bedroom. The fenced backyard with rear entry garage is a perfect place to entertain guests. The roof, vinyl flooring, solar and gutters are all one year old. Hurry! This home is priced to sell and won't last long.
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| Jan 1, 2024 | No longer available | - | |
| No longer available | |||
| Dec 2, 2023 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Nov 20, 2023 | Price Decreased |
$415,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017