8652 Wellington Point Drive
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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.
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Listed by Compass RE Texas, LLC | $475,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to 8652 Wellington Point Dr, a stunning, turn-key, waterfront home nestled in a secluded neighborhood with premier access to DFW. This 3-bedroom, 2-bath sanctuary offers a tranquil retreat from the hustle and bustle of city life, while still providing convenient proximity to all the amenities you desire.
Step inside and be greeted by the expansive dining and living space, perfect for hosting gatherings or simply relaxing with loved ones. The open floor plan allows for effortless flow, creating an inviting atmosphere that is both functional and stylish. Natural light floods the interior, accentuating the warm tones and creating a cozy ambiance.
As you make your way to the exterior, prepare to be captivated by the breathtaking views. Situated on the canal, this home offers an idyllic setting that is sure to inspire moments of serenity. Whether you're commuting to work or exploring the countless attractions in the area, convenience is always at your fingertips.
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| Nov 12, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Real Sense Real Estate | $399,000 | |
| Listed by Real Sense Real Estate | |||
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LOCATION LOCATION LOCATION! Beautifully updated home with spectacular views of the Valley Ranch Canal from the backyard. Home features new flooring throughout, quartz countertops, beautiful tile work and a free standing soaking tub to relax in at the end of a hard day.
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| May 7, 2021 | Sold | ||
| Sold | |||
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14451729
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017