$595,000
●
House -
Off Market
1616 Spinnaker Lane
Azle, TX 76020
4 Beds
2 Baths,
1
Half Bath
3,304 Ft²
$663,467
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Completely updated! Open concept, expansive windows with plantation
shutters, and beautiful staircase. Master bedroom located on first
floor with covered porch access. Three bedrooms up and second
living room with wood flooring and wet bar. Upgrades include wood
flooring downstairs, complete remodel of Master bath - frameless
shower and free standing tub. Kitchen upgrades - JennAir 5-burner
gas cooktop - new backsplash and wood flooring, GE stainless double
oven, KitchenAid dishwasher and refrigerator, butler's pantry.
Three car garage. Stained wood privacy fence surrounds large yard
on a corner lot. Landscaped and some trees. Access to a private
dock, recreation area, pavilion, and boat ramp included in HOA.
Unit Size
3,304 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
$63
Year Built
1997
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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 #14656437)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Leah Dunn Real Estate Group | $595,000 | |
| Listed by Leah Dunn Real Estate Group | |||
| | |||
|
Completely updated! Open concept, expansive windows with plantation shutters, and beautiful staircase. Master bedroom located on first floor with covered porch access. Three bedrooms up and second living room with wood flooring and wet bar. Upgrades include wood flooring downstairs, complete remodel of Master bath - frameless shower and free standing tub. Kitchen upgrades - JennAir 5-burner gas cooktop - new backsplash and wood flooring, GE stainless double oven, KitchenAid dishwasher and refrigerator, butler's pantry. Three car garage. Stained wood privacy fence surrounds large yard on a corner lot. Landscaped and some trees. Access to a private dock, recreation area, pavilion, and boat ramp included in HOA.
| |||
| May 10, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by League Real Estate | $419,000 | |
| Listed by League Real Estate | |||
| | |||
|
Close to the lake, but not far from the city! Open feel, expansive windows with plantation shutters, and grand stairwell with wrought iron spindles at entry. Primary bedroom suite on first level with covered porch access. Three bedrooms up plus game room with wood flooring and entertainment bar. Downstairs offers multiple dining and gathering areas as well as a study with glass double doors. Low-maintenance stained concrete floors downstairs. Kitchen includes GE stainless double oven, 5 burner gas cooktop, KitchenAid dishwasher, and refrigerator included. Three car garage. Stained wood privacy fence surrounds large yard on a corner lot. Access to a private dock, recreation area, pavilion, and boat ramp.
| |||
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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About Oak Harbor Estates
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Listed by: Leah Dunn, Leah Dunn Real Estate Group
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14656437
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14656437
Details provided by NTREIS and may not match the public record
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