$850,000
●
House -
Off Market
8631 Cherry Hill Drive
Dallas, TX 75243
3 Beds
1 Bath,
1
Half Bath
2,835 Ft²
$5,331
Est. Monthly
$88
HOA / Fees
2.16%
Cap Rate
About This Property
Welcome to your future home at 8631 Cherry Hill Dr, Dallas, TX-a
charming residence that harmoniously combines comfort and
convenience. This spacious property spans 2,835 sqft and features
three well-appointed bedrooms, each accompanied by its own
bathroom, ensuring privacy and ease for family members and guests
alike. The heart of the home is its expansive living area, complete
with abundant natural light that enhances the welcoming atmosphere.
Culinary enthusiasts will delight in the kitchen equipped with
modern amenities, providing the perfect space for preparing meals
and entertaining. This residence is not just a house but a
welcoming community, offering a serene lifestyle while enjoying
quick access to local amenities and vibrant surroundings. This home
is thoughtfully designed for those seeking a blend of style and
functionality in a prime Dallas location. Make 8631 Cherry Hill Dr
your new address and experience a perfectly balanced lifestyle of
comfort and convenience!
Unit Size
2,835 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$292
Property Type
House
Property Taxes
$1,172
HOA Dues
$88
Year Built
1993
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20623441)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Bray Real Estate Group- Dallas | $829,000 | |
| Listed by Bray Real Estate Group- Dallas | |||
| May 22, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by MAGNOLIA REALTY | $625,000 | |
| Listed by MAGNOLIA REALTY | |||
| | |||
|
Offer Deadline 8AM Monday, May 1st. Welcome Home to this stunning three-bedroom, two-and-a-half bath patio home located in the prestigious Royal Lane Village, right across from the Royal Oaks Golf Club & just minutes from White Rock Lake. As you step inside, you'll immediately notice the grandeur with a beautiful spiral staircase, plantation shutters & not one but three living rooms, perfect for entertaining guests. Fresh paint throughout & tons of natural light invite you in while the two cozy fireplaces add warmth & ambiance to the home. The kitchen comes equipped with rich cabinets, granite countertops, double ovens & stainless steel appliances with stunning views of the covered flagstone courtyard. The private primary suite is located on the first floor & features a luxurious jet tub, separate shower & walk-in closet while the two additional bedrooms with Jack & Jill bath are upstairs. There is a large attic space for storage & HOA maintains your front yard!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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HOA + Taxes
About Northeast Dallas
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Listed by: Chase Bray, Bray Real Estate Group- Dallas
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20623441
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20623441
Details provided by NTREIS and may not match the public record
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