9130 Locarno Drive
About This Property
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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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Dave Perry Miller Real Estate | $810,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Welcome to 9130 Locarno—an elegant and inviting home in the heart of Lake Highlands, perfectly situated in the coveted Moss Haven Elementary area of Richardson ISD. With 4 bedrooms, 2.1 bathrooms, and pretty architectural details throughout, this home offers both style and function in a serene setting.
Step into a soaring foyer with vaulted ceilings that flow into the spacious dining room and light-filled living room, anchored by a dramatic stone fireplace and tall ceilings. Gorgeous hardwood floors run throughout the home, adding warmth and charm. The beautifully updated kitchen features custom cabinetry, quartz countertops, and a cozy breakfast nook.
The generous primary suite is a true retreat with a large walk-in shower, separate tub, and oversized walk-in closet. The fourth bedroom—currently used as an office—also boasts vaulted ceilings, and the half bath nearby offers an easy opportunity to convert back to a full bath to make it a 4-3.
Enjoy outdoor living with a covered patio, open entertaining space, and lush landscaping. With incredible curb appeal and thoughtful updates throughout, this home truly has it all!
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| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jul 9, 2021 | Listed by Local Resident Realty | $649,900 | |
| Listed by Local Resident Realty | |||
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Charming 3 bedroom, 3 bath home including 3 living areas is located in the highly sought after Moss Haven Elementary attendance zone in Lake Highlands. The wonderful and versatile floor plan offers a the 3rd living area that could serve as a 4th bedroom. Beautiful hardwood floors, plantation shutters throughout, nicely sized bedrooms and a recently renovated kitchen makes this a must see. Kitchen features stainless steel appliances, gas cooktop, double ovens, subway tile backsplash, and custom cabinetry with ample storage. The backyard deck, pergola, board on board privacy fence, and attached grill is perfect for outdoor entertaining. Gracious living at its finest!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017