$329,000 Last Listed Price
●
House -
Off Market
1604 Cedar Drive
Richmond, TX 77469
3 Beds
2 Baths,
2
Half Baths
2,750 Ft²
$336,595
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Don't miss your chance to own this gem in the heart of Richmond -
it's an impeccable home meticulously maintained with countless
extras! With recent gutters and paint (inside and out), interior
shutters, pex piping, kitchen countertops and sink, hot water
heater and recent flooring, this home is absolutely phenomenal! Its
extremely open concept makes it feel welcoming and open and is
perfect for the flow of family and friends while entertaining. The
backyard is spacious and includes a patio and a gazebo with fan,
electricity and gas ready for your outdoor kitchen! AND THEN
THERE'S THE BONUS ROOM! Behind the garage is a 528 square foot
add-on with a half bath and limitless potential! With its own A/C,
heat and electrical box, the possibilities are endless -
mother-in-law suite, man cave, craft room, etc! If you're looking
to be in Richmond, this home is an absolute must-see! Tucked away
yet with easy access to restaurants, shopping, schools and
entertainment, it's sure to sell quickly!
Unit Size
2,750 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$120
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1978
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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 #69336577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Ward Kellner Properties, Inc. | $329,000 | |
| Listed by Ward Kellner Properties, Inc. | |||
| | |||
|
Don't miss your chance to own this gem in the heart of Richmond - it's an impeccable home meticulously maintained with countless extras! With recent gutters and paint (inside and out), interior shutters, pex piping, kitchen countertops and sink, hot water heater and recent flooring, this home is absolutely phenomenal! Its extremely open concept makes it feel welcoming and open and is perfect for the flow of family and friends while entertaining. The backyard is spacious and includes a patio and a gazebo with fan, electricity and gas ready for your outdoor kitchen! AND THEN THERE'S THE BONUS ROOM! Behind the garage is a 528 square foot add-on with a half bath and limitless potential! With its own A/C, heat and electrical box, the possibilities are endless - mother-in-law suite, man cave, craft room, etc! If you're looking to be in Richmond, this home is an absolute must-see! Tucked away yet with easy access to restaurants, shopping, schools and entertainment, it's sure to sell quickly!
| |||
Property Highlights
Fireplace
Garage
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 Long Woods
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Listed by: Elizabeth Kellner, Ward Kellner Properties, Inc.
Last Updated: 4 months ago
Data Source: HAR , MLS# 69336577
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69336577
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