$1,015,000
●
House -
Off Market
1616 Prairie Ridge Road
Aledo, TX 76008
4 Beds
4 Baths,
1
Half Bath
4,513 Ft²
$1,275,660
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Stunning home in sought after Walsh, featuring designer lighting,
wallpaper, hand scraped & wood tile flooring. Off the foyer, a fml
dining to right, office to left. Open concept living w glass
sliding doors that flow seamlessly to the private outdoor living
area w fireplace, heated pool, spa, shower, mature magnolias. Great
for hosting, the eat-in kitchen features a center island & high-end
appliances. Owner's retreat w spa-like bath & dual walk-in closets.
2nd floor game room w wet bar, media room, sitting area. Golf cart
to Walsh amenities including a fitness center, pool, sports courts,
multiple playgrounds, miles of walking trails, private lake, dog
park, market & fill-up station. Backs up to greenbelt.
Unit Size
4,513 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
$216
Year Built
2019
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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: 6 months ago (NTREIS #14522061)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Compass RE Texas, LLC | $1,049,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Stunning home in sought after Walsh, featuring designer lighting, wallpaper, hand scraped & wood tile flooring. Off the foyer, a fml dining to right, office to left. Open concept living w glass sliding doors that flow seamlessly to the private outdoor living area w fireplace, heated pool, spa, shower, mature magnolias. Great for hosting, the eat-in kitchen features a center island & high-end appliances. Owner’s retreat w spa-like bath & dual walk-in closets. 2nd floor game room w wet bar, media room, sitting area. Golf cart to Walsh amenities including a fitness center, pool, sports courts, multiple playgrounds, miles of walking trails, private lake, dog park, market & fill-up station. Backs up to greenbelt.
| |||
| Feb 23, 2021 | No longer available | - | |
| No longer available | |||
| Feb 6, 2021 | Listed | $1,100,000 | |
| Listed | |||
| | |||
|
Stunning home in sought after Walsh, featuring designer lighting, wallpaper, hand scraped & wood tile flooring. Off the foyer, a fml dining to right, office to left. Open concept living w glass sliding doors that flow seamlessly to the private outdoor living area w fireplace, heated pool, spa, shower, mature magnolias. Great for hosting, the eat-in kitchen features a center island & high-end appliances. Owner’s retreat w spa-like bath & dual walk-in closets. 2ndfloor game room w wet bar, media room, sitting area. Golf cart to Walsh amenities including a fitness center, pool, sports courts, multiple playgrounds, miles of walking trails, private lake, dog park, market & fill-up station, Walsh Elem, Aledo ISD. The manager has listed the unit size as 4513 square feet.
| |||
| Jan 24, 2020 | Sold | ||
| Sold | |||
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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
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
HOA + Taxes
About Fort Worth
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Listed by: John Zimmerman, Compass RE Texas, LLC
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14522061
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14522061
Details provided by NTREIS and may not match the public record
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