9807 Crestwick Drive
About This Property
Large interior corner lot located in the award winning Lake Highlands Elementary of Richardson ISD. One owner home has four bedrooms, three baths sits on nearly 11,000 SF [DallasCad] and is ready to be reimagined. This property needs your design ideas for the interior or a complete remodel and-or a new building site for your long term home. This property has a terrific location! Conveniently located to Lakeridge Village Shopping Center, the newly opened LH Middle School, and LHHS. Sewer line from house to street was replaced in summer 2024 and the gas line from back of house to alley was replaced in early 2024.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 28, 2025 | Listed by JPAR - Addison | $549,000 | |
| Listed by JPAR - Addison | |||
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Elevated interior corner lot. Great Bones, needs updating. Property being sold as is
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| Jan 22, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Ebby Halliday, REALTORS | $555,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Please submit your Final and Best offer by 5pm on Friday 20th December. Thank you.
Large interior corner lot located in the award winning Lake Highlands Elementary of Richardson ISD. One owner home has four bedrooms, three baths sits on nearly 11,000 SF [DallasCad] and is ready to be reimagined. This property needs your design ideas for the interior or a complete remodel and-or a new building site for your long term home. This property has a terrific location! Conveniently located to Lakeridge Village Shopping Center, the newly opened LH Middle School, and LHHS. Sewer line from house to street was replaced in summer 2024 and the gas line from back of house to alley was replaced in early 2024.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017