8518 Glencrest Lane
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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 30, 2021 | Sold | ||
| Sold | |||
| Jun 14, 2021 | Listed by Dave Perry Miller Real Estate | $1,295,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Better than new in Bluffview! Completed by Beechwood Homes in 2020, pool added June 2021. Unique L-shaped floor plan provides pool views throughout. In the kitchen, custom cabinetry surrounds the Fisher & Paykel refrigerator and 8-burner gas range. Oversized island for additional seating and storage. First floor features private study, spa-like master suite, guest bedroom and a gym that could be converted to a 5th bedroom. Upstairs, an oversized landing for homework or reading leads to two more bedrooms and full baths, with a den that can serve as play room, media room, or a generous in-law suite with the adjacent bed and bath. Proximity to Bachman Lake for great walking and biking in the heart of the city!
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| Jul 22, 2020 | Sold | ||
| Sold | |||
| Jun 20, 2020 | No longer available | - | |
| No longer available | |||
| May 19, 2020 | Listed by Door Texas Realty, LLC | $1,049,000 | |
| Listed by Door Texas Realty, LLC | |||
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Newly built 4 bed, 4.5 bath home in cul-de-sac with large backyard near Bluffview! 1st floor has a flex room that can be a home gym, media room, or 2nd office. Game room upstairs. Custom touches include smooth walls, white oak wood floors, rift cut white oak cabinets, gas fireplace, steel entry door, & wall of sliding glass doors in living room! Gourmet kitchen with quartz counters, large island, 48-inch commercial grade range, & Fisher Paykel appliances! Master en-suite has frameless glass shower, soaking tub, and walk-in closet. Backyard has space for a pool and plumbing for an outdoor kitchen. Located near Bachman Lake, close to downtown, Love Field, & shopping & dining in the Park Cities!
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northwest Dallas
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14595200
Details provided by NTREIS and may not match the public record
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