$455,000
●
House -
Off Market
1607 Mannheim Drive
Rockwall, TX 75032
4 Beds
2 Baths,
1
Half Bath
2,977 Ft²
$493,433
RealtyHop Estimate
13.43%
Since Oct 1, 2021
TX-Dallas
Primary Model
About This Property
Beautiful 2 story home in a gated community with 4 bedrooms, 2.1
bathrooms, & 2 living areas. Large open downstairs area perfect for
entertainment. Kitchen features stainless steel appliances, gas
cook-top, & spacious island. C-Tile wood floors in the living area
& master bedroom. Fantastic master bedroom with sitting area.
Master bath includes walk-in shower, garden tub with jets, dual
sinks, & walk-in closet. Upstairs you'll enjoy the 3 guest rooms,
full bathroom, & living area. Perfect utility room with space
for extras & a closet for extra storage. Near shopping,
dining, & entertainment!
Unit Size
2,977 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
$469
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 #14642511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2023 | Sold | ||
| Sold | |||
| Jan 14, 2023 | Listed by Compass RE Texas, LLC | $499,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Gorgeous 2 story home located in a gated community & within Rockwall ISD. This 4 bedroom, 2.1 bathroom home is full of upgrades including wood-look tile flooring, arched entryways, coffered ceilings, crown molding and modern light fixtures. Open floor plan that is perfect for entertaining - the kitchen, dining and living room all open to each other and overlook the backyard. The kitchen features SS appliances, gas range, granite island and upgraded backsplash. The second living space downstairs can easily be converted to an office or a flex space. The primary suite boosts a large, jetted tub, separate shower, duals sinks and a huge walk-in closet. Upstairs features another living space and 3 bedrooms with tons of storage, closet space. This home backs up to a greenbelt, which gives you added privacy and beautiful views the second you walk in the front door. Conveniently located just minutes away from Lake Ray Hubbard, major highways, shopping and fine dining. This is a must see!
| |||
| Sep 7, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Kile Properties | $435,000 | |
| Listed by Kile Properties | |||
| | |||
|
Beautiful 2 story home in a gated community with 4 bedrooms, 2.1 bathrooms, & 2 living areas. Large open downstairs area perfect for entertainment. Kitchen features stainless steel appliances, gas cook-top, & spacious island. C-Tile wood floors in the living area & master bedroom. Fantastic master bedroom with sitting area. Master bath includes walk-in shower, garden tub with jets, dual sinks, & walk-in closet. Upstairs you'll enjoy the 3 guest rooms, full bathroom, & living area. Perfect utility room with space for extras & a closet for extra storage. Near shopping, dining, & entertainment!
| |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
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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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ft²
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About Rockwall
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Listed by: Shannon Runyan, Kile Properties
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14642511
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14642511
Details provided by NTREIS and may not match the public record
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