$365,000
●
House -
Off Market
8823 Redondo Drive
Dallas, TX 75218
3 Beds
2 Baths
1,766 Ft²
$420,383
RealtyHop Estimate
12.10%
Since Nov 1, 2021
TX-Dallas
Primary Model
About This Property
This 3 bedroom, 2 bathroom corner lot property is a
once-in-a-lifetime opportunity. The bathrooms and electrical
systems have been updated, the HVAC, roof, and foundation are in
good condition making this vintage 1940's home ready to move into.
For the more adventurous it's got good bones to build on so
you can concentrate on cosmetics. This spacious property is
snuggled in the Shamrock Shores subdivision that is within walking
distance to the Dallas Arboretum and White Rock Lake. A diamond in
the rough that with a little creativity, TLC, and elbow grease, can
be transformed into a priceless gem. The only limitation is your
imagination.
Unit Size
1,766 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 6 months ago (NTREIS #14636914)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Coldwell Banker Realty | $759,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
This STUNNING Little Forest Hills cottage has been completely reimagined! Located on an oversized corner lot, and featuring 3 bedrooms, 2 full bathrooms and a 2 car detached garage, this home has been remodeled with all the details in mind for the modern buyer. Walk into White Oak floors and designer finishes throughout. Natural light floods the home through new energy efficient windows The kitchen was reconstructed with cathedral ceilings, custom cabinetry and quartz countertops! A beverage center with wine fridge bridges the space from the kitchen to to the living and dining areas. The large backyard is encircled by a new cedar fence with an electric drive through gate! The Primary bathroom is complete with double sinks in a custom vanity and a large shower with gorgeous tiles. Don’t miss the walk in closet! All of the major systems are new, including plumbing, wiring, HVAC, siding and roofing. This home will not disappoint. Schedule your showing today!
| |||
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by EXP REALTY | $375,000 | |
| Listed by EXP REALTY | |||
| | |||
|
This 3 bedroom, 2 bathroom corner lot property is a once-in-a-lifetime opportunity. The bathrooms and electrical systems have been updated, the HVAC, roof, and foundation are in good condition making this vintage 1940's home ready to move into. For the more adventurous it's got good bones to build on so you can concentrate on cosmetics. This spacious property is snuggled in the Shamrock Shores subdivision that is within walking distance to the Dallas Arboretum and White Rock Lake. A diamond in the rough that with a little creativity, TLC, and elbow grease, can be transformed into a priceless gem. The only limitation is your imagination.
| |||
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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ft²
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About Northeast Dallas
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Listed by: Brandon Bates, EXP REALTY
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14636914
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14636914
Details provided by NTREIS and may not match the public record
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