9182 Orbiter Circle
About This Property
Indulge in modern luxury in this recently renovated home. Nestled on a cul-de-sac in Lake Highlands, this home blends contemporary allure with timeless comfort. The open floor plan leads to a gourmet kitchen with quartz countertops+matching backsplash, soft close cabinets, and top-tier appliances - perfect space for family meals or entertaining guests. With four bedrooms, including a second primary suite in its own wing, this home offers versatility as well as privacy. The primary bath exudes opulence with marble tile throughout, creating a spa-like ambiance. Conveniently located near schools, parks, a golf course, and NorthPark Center, this home transcends residence, embodying a lifestyle of convenience and elegance. Every detail has been carefully considered in the recent renovation, resulting in a home that is as functional as it is beautiful.
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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%.
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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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed by Keller Williams Central | $615,000 | |
| Listed by Keller Williams Central | |||
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About Northeast Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20523875
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017