$451,000
●
House -
Off Market
1402 Silver Lake Drive
Rockwall, TX 75087
3 Beds
2 Baths
2,233 Ft²
$497,266
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
ULTIMATE HOME FOR ENTERTAINING! 2015 One Story 2,233sf on .370 lot
& Cul-de-sac; 3BR 2Bth 2Car; Office or can serve as flex room; Lg
Media Rm; Wood floors and stone fireplace; Lg Master wTwo Closets;
Split bedrooms. Enclosed Living Area-Breezeway; Outdoor
patio-living area wBuilt-in Pizza Oven & Grill covered pergola;
In-ground pool & water feature; Complete outdoor bar wElec; 2 fire
pit areas; storage bldg; Privacy fence with large open side yard.
Located a block from private lake & fishing dock. House
backs-up to green space with walking trail. Newly painted
Kitchen wGranite, stainless appliances, double ovens, gas stove-top
and more! Multiple Offers Rec'd...Highest & Best by 3pm on
Sat 2-27-21
Unit Size
2,233 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
$264
Year Built
2015
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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 #14518202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Listed by Keller Williams Rockwall | $549,000 | |
| Listed by Keller Williams Rockwall | |||
| | |||
|
Wonderful home located in a culdesac on large lot offers fabulous outdoor resort style amenities such as the swimming pool with waterfall, 2 firepits including a built in stone fire pit, lighted outdoor serving or wet bar, an outdoor patio-living area with built in Pizza Oven and grill covered pergola and an enclosed outdoor living area, perfect for family fun and entertaining. The home offers a large family room with stone fireplace and is open to the spacious kitchen with lots granite, stainless appliances including a 5 burner gas stove top along with lots of prep counter space and storage. The home also offers a study with french doors for privacy and a media room. The large primary bedroom suite has 2 walk in closets, His & Her separate vanities, garden tub and walk in shower. The third bedroom is currently set up with built ins for a working sewing room. Additionally there is a stained privacy fence with large open side yard and storage building. This home is located along side walking trails and only a block from community lake and easy access to community park and amenity center with splash pool.
| |||
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | Listed by Ebby Halliday, REALTORS | $399,900 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
|
ULTIMATE HOME FOR ENTERTAINING! 2015 One Story 2,233sf on .370 lot & Cul-de-sac; 3BR 2Bth 2Car; Office or can serve as flex room; Lg Media Rm; Wood floors and stone fireplace; Lg Master wTwo Closets; Split bedrooms. Enclosed Living Area-Breezeway; Outdoor patio-living area wBuilt-in Pizza Oven & Grill covered pergola; In-ground pool & water feature; Complete outdoor bar wElec; 2 fire pit areas; storage bldg; Privacy fence with large open side yard. Located a block from private lake & fishing dock. House backs-up to green space with walking trail. Newly painted Kitchen wGranite, stainless appliances, double ovens, gas stove-top and more! Multiple Offers Rec'd...Highest & Best by 3pm on Sat 2-27-21
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
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HOA + Taxes
About Caruth Lake
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Listed by: Paula S Thompson, Ebby Halliday, REALTORS
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14518202
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14518202
Details provided by NTREIS and may not match the public record
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