9551 Millridge Drive
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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%.
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 |
|---|---|---|---|
| Mar 2, 2021 | Sold | ||
| Sold | |||
| Jan 21, 2021 | Listed by Huggins Realty | $499,999 | |
| Listed by Huggins Realty | |||
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Welcome to your new home! 9551 Millridge has been beautifully remodeled throughout. Located in Lake Highlands with Richardson ISD schools. It boasts an open floor plan with timeless finishes throughout the home. The home features new engineer hardwood floors, a new interior HVAC unit, Low-E windows, a new water heater, completely remodeled bathrooms, new hardware, designer lighting, garage door opener, and much more. THIS IS DEFINITELY A MUST SEE!
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| Jan 19, 2021 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Keller Williams Frisco Stars | $325,000 | |
| Listed by Keller Williams Frisco Stars | |||
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This home has a great layout and just needs a cosmetic facelift. Great floorplan perfect for entertaining. It has a formal living area and dining room. Family room has fireplace with gas logs and built in desk and cabinets. Kitchen has double ovens, microwave and built in hutch. It has a game room and office or use as a flex area. Master has 2 closets, large walk in shower and 2 dressing areas. Secondary rooms has spacious closets. Backyard has extended patio and 8 ft fence for privacy and entertaining. Walk to Richardson ISD Elementary school. This home is sold as-is. Great location! Easy access to 75 and 635. Priced under tax appraised value.
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About Northeast Dallas
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14503025
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