$798,000
●
House -
Off Market
101 Monarch Drive
Denison, TX 75020
5 Beds
1 Bath,
1
Half Bath
3,430 Ft²
$1,229,665
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Set in one of the most exclusive gated neighborhoods on Lake
Texoma, stunning views across the main body of the lake are what
you will find at this home. Main living spaces are on the third
floor with views, elevator access and privacy all rolled into one
setting. To the edge of the property, you will find a concrete
staircase leading you to the secluded sandy beach below. The
second-floor features 4 additional bedrooms, study and balcony.
Ground floor has tandem garage with storage area and double garage
with built-ins, providing plenty of storage for vehicles and
outdoor toys. Exterior living spaces are on all three levels facing
the lake. Outside is a cozy fireplace to enjoy the cooler weather.
Unit Size
3,430 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$245
Property Type
House
Property Taxes
$1,180
HOA Dues
$83
Year Built
2000
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #14156621)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by Horseshoe Bay ONE Real Estate | $1,250,000 | |
| Listed by Horseshoe Bay ONE Real Estate | |||
| | |||
|
This is a must see property with incredible Lake Texoma views in the highly sought after Monarch Ridge Addition . Location is perfect for your main home or a lake retreat for family and friends. This gated community offers privacy, fishing pond, private marina, ample greenspace, and incredible views. Your private boat slip is only a five minute golf cart ride away from this newly remodeled lakefront home. Enjoy spectacular lake views from every floor in the house with large covered porches on each level. Some amenities of the house are a large yard with fence in back, direct access to lake from back gate, three oversized garages, ample storage space, water softening system, lake views from three levels, elevator, ice maker, and much more. To access marina turn right on gravel road past house with sport court. House can be sold with furnishings and boat to be negotiated. Please text or call 512-810-0060 for showing and additional details.
| |||
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Aug 6, 2019 | Listed by ERA Steve Cook & Co, REALTORS® | $839,000 | |
| Listed by ERA Steve Cook & Co, REALTORS® | |||
Property Highlights
Garage
Elevator
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Grayson
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Listed by: Cristi Perkins, ERA Steve Cook & Co, REALTORS®
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14156621
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14156621
Details provided by NTREIS and may not match the public record
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