$85,000
●
House -
Off Market
124 Erie Trail
Whitney, TX 76692
4 Beds
1 Bath
1,992 Ft²
$126,301
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This unique property is just a minutes away from the Juniper Cove
Marina at LAKE WHITNEY!! There is a boat ramp, fishing spots &
swimming. This property has a 4 bed 2 bath home with over 1900 SQ
FT and a HUGE metal building that can be converted into another
home, Man Cave, the options are endless. This property just got
cleaned and cleared but does need a little TLC but not much for
someone who knows what they are doing. The bones are good and it
was a lake house that barely got used. Both lots are included in
this price and its almost a full acre!! All the lake photos that
are included on this listing are stock photos from different parts
of LAKE WHITNEY!!!
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$56
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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: 5 months ago (NTREIS #14639258)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Listed by Texas Premier Realty | $229,900 | |
| Listed by Texas Premier Realty | |||
| | |||
|
This newly remodeled home is 1.2 miles away from Juniper Cove Park. There is a boat ramp and it’s a great fishing spot. This beautiful property sits on almost a full acre. After being remodeled it now has 4 bedrooms and 2 full bathrooms. The metal building has electricity and can be used for a workshop, storage or even a garage. The roof was done this year and there are updates throughout the home as well. There is a added dog run on the side of the home or it can be used as a garden area. This property doesn’t have any restrictions and there is an existing survey. Schedule your showing today!
| |||
| Oct 5, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by Texas Premier Realty | $112,222 | |
| Listed by Texas Premier Realty | |||
| | |||
|
This unique property is just a minutes away from the Juniper Cove Marina at LAKE WHITNEY!! There is a boat ramp, fishing spots & swimming. This property has a 4 bed 2 bath home with over 1900 SQ FT and a HUGE metal building that can be converted into another home, Man Cave, the options are endless. This property just got cleaned and cleared but does need a little TLC but not much for someone who knows what they are doing. The bones are good and it was a lake house that barely got used. Both lots are included in this price and its almost a full acre!! All the lake photos that are included on this listing are stock photos from different parts of LAKE WHITNEY!!!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hill
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Listed by: Antoinette Ratliff, Texas Premier Realty
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14639258
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14639258
Details provided by NTREIS and may not match the public record
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