$375,000 Last Listed Price
●
House -
Off Market
151 Spring Creek Drive
Cedar Creek, TX 78612
3 Beds
2 Baths
1,952 Ft²
$446,040
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Welcome to Angel Acres! A gated 2.37 acres to come home to
relax and enjoy the countryside of things. Features a crushed
granite walking track that winds through the tree covered acreage
and if you go 5 laps, you've gone a mile. The home is a Palm
Harbor home built in 1999 with corian countertops in the kitchen
which also has an Island and features an open floor plan.
Spacious living room with vaulted ceilings, formal dining
room and a breakfast nook area including built-ins. The
master bedroom is good size with a large walk-in closet and a
master bath that is one of a kind. It features a large
walk-in shower, double vanity, tile flooring with a creek designed
from points of water and ending up in the shower. The home
also features vinyl clad insulated windows, electrical rocker
switches throughout, door levers, etc. Large screened in deck
that's approximately 12' x 45'. Detached garage which was
built in 2007, with a workbench, peg boards for storage and a bonus
room.
Unit Size
1,952 Ft²
Days on Market
-
Land Size
2.37 acres
Price per sqft
$192
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1999
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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: 4 months ago (HAR #41183450)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Berkshire Hathaway TX Realty | $375,000 | |
| Listed by Berkshire Hathaway TX Realty | |||
| | |||
|
Welcome to Angel Acres! A gated 2.37 acres to come home to relax and enjoy the countryside of things. Features a crushed granite walking track that winds through the tree covered acreage and if you go 5 laps, you've gone a mile. The home is a Palm Harbor home built in 1999 with corian countertops in the kitchen which also has an Island and features an open floor plan. Spacious living room with vaulted ceilings, formal dining room and a breakfast nook area including built-ins. The master bedroom is good size with a large walk-in closet and a master bath that is one of a kind. It features a large walk-in shower, double vanity, tile flooring with a creek designed from points of water and ending up in the shower. The home also features vinyl clad insulated windows, electrical rocker switches throughout, door levers, etc. Large screened in deck that's approximately 12' x 45'. Detached garage which was built in 2007, with a workbench, peg boards for storage and a bonus room.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
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HOA + Taxes
About Highview Ranches
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Listed by: Alvin Bolf, Berkshire Hathaway TX Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 41183450
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Last Updated: 4 months ago
Data Source: HAR , MLS# 41183450
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