What If Your Next Home Gave You Five Bedrooms, Nearly Half An Acre,
Multiple Separate Work Spaces, And Enough Flexibility To Keep Up
With Your Lifestyle Through Any Season? Welcome To 1204 Loma Alta
Place In Cleburne, Where A Huge Home, Beautiful Mature Trees, And A
Hard-To-Find Backyard Setup Come Together In One Seriously
Versatile Property. Inside And Out, The Home Has Seen An Incredible
List Of Updates. Exterior Improvements Include A New Roof, New
Gate, Fresh Exterior Paint, And A New Window AC Unit For The Shop.
Inside, You'll Find Fresh Paint, New Fixtures, New Appliances, New
Flooring, New Quartz Countertops, New Kitchen Cabinets, A New
Island, A New Walk-In Pantry, New Blinds, A New Primary Bathroom,
And A New Entertainment Center With An Electric Fireplace. The Home
Also Features A Brand-New HVAC System With A 10-Year Manufacturer
Warranty And 1-Year Labor Warranty, Giving You Even More Peace Of
Mind. With 5 Bedrooms And 3 Bathrooms, The Floor Plan Gives You
Plenty Of Flexibility For Extra Bedrooms, Guest Space, Office
Space, Or Simply More Room To Spread Out. The Backyard Takes That
Flexibility Even Further. Sitting On An Oversized Approximately
0.4-Acre Lot, You'll Find A Separate Workshop And Office Space Plus
A Detached 2-Car Garage With Dedicated Electricity, Water, And A
Half Bathroom. That Garage Offers Exciting Potential For A Future
Additional Living Space Or Other Creative Use. Mature Trees
Throughout The Property Add Shade, Character, And The Established
Feel That Usually Takes Years To Create. And The Location Keeps
Plenty To Do Within Reach, From Fishing And Boating At Lake Pat
Cleburne To Dining And Shopping In Historic Downtown Cleburne And
Trails, Fishing, And Outdoor Recreation At Cleburne State Park. If
You've Been Looking For A Large Home With Space, Major Updates,
Mature Trees, And A Backyard Setup That Gives You More Ways To Use
Your Property, Come See Why 1204 Loma Alta Place Deserves A Serious
Look Today!
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.
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