$304,900
●
House -
Off Market
1506 SHERRY DR
Taylor, TX 76574
3 Beds
2 Baths
2,015 Ft²
$2,173
Est. Monthly
5.21%
Cap Rate
About This Property
Bring a hammer and a bucket of paint.....This is the fixer-upper
you have been waiting for! We will even get you started with
those repairs with a new pool filter and pump. Yes, I said
pool. It's a beautiful pool with a hot tub. The house
is a single-story home on over a 1/4 acre corner lot. 4-sides
stone. Large patio with a pergola. The sprinkler system keeps
the yard green and pretty. The inside is waiting for your creative
touches. There's a BIG island kitchen that opens to the
family room. There is a breakfast area and a formal dining.
If it were me, I would make the formal living room into an
office/study. Mother-in-Law plan. The master bathroom
has a soaking tub and a crazy shower. There's also a walk-in
closet for all of your formal wear and t-shirts. Make this
your dream home and serve a few Margaritas around the pool.
Swim responsibly! Oh, one more thing....you get a $1,000
lender credit if you use the seller's preferred lender. What
deal!! OK, I just found out something else....This property
qualifies for low down payment USDA Financing. This house
just keeps getting better and better!
Unit Size
2,015 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$151
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
2001
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Cap Rate Calculator
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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 (Unlock MLS #ACT4492418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Relisted | $304,900 | |
| Relisted | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by RE/MAX Fine Properties | $304,900 | |
| Listed by RE/MAX Fine Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Taylor
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Listed by: Ron Binkley
Listed Office: RE/MAX Fine Properties - Listing courtesy of Unlock MLS
Phone: (512) 764-3667
Last Updated: 2024-07-17 05:59:26
Data Source: Unlock MLS, MLS# ACT4492418
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: RE/MAX Fine Properties - Listing courtesy of Unlock MLS
Phone: (512) 764-3667
Last Updated: 2024-07-17 05:59:26
Data Source: Unlock MLS, MLS# ACT4492418
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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