9230 Ferndale Road
About This Property
Step inside to discover beautiful original hardwood floors that flow throughout an open and inviting floor plan. Natural light fills the spacious living and dining areas, creating a warm and welcoming atmosphere. The kitchen seamlessly connects to the main living spaces, making it perfect for everyday living and entertaining.
Outside, the backyard is a private retreat with its mature landscaping and large patio-ideal for relaxing evenings or hosting gatherings.
Located in a neighborhood with new $1m+ new construction, just minutes from highly-rated schools, Downtown Dallas, and the recreational haven of White Rock Lake, this home provides convenience and lifestyle in one package.
Don't miss this rare opportunity to own a clean, well-maintained home in a prime location at almost lot value.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | Price Decreased |
$460,000
↓ $8K
(1.7%) | |
| Price Decreased | |||
| Feb 1, 2025 | Price Decreased |
$468,000
↓ $7K
(1.5%) | |
| Price Decreased | |||
| Jan 9, 2025 | Listed by Ebby Halliday, REALTORS | $475,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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About Northeast Dallas
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20804349
Details provided by NTREIS and may not match the public record
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