$290,000 Last Listed Price
●
House -
Off Market
18 Michael Loop
Lumberton, TX 77657
3 Beds
2 Baths
2,684 Ft²
$387,786
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Wonderful Lumberton home sitting on 2 acres that has been
completely remodeled. This home features 3 bedrooms, 2 bathrooms,
and a detached 4 car garage. Wood look luxury vinyl plank
throughout the main living areas, carpet in the bedrooms and tile
in the bathrooms. Multiple large living spaces and an open
living/kitchen concept framed by beautiful wood beams. The kitchen
features white shaker cabinets, granite countertops, and white
subway backsplash, and open floating shelves. Huge bedroom/bathroom
set up and the bathroom has a large tiled shower. The back yard
also features a pool and nice patio area with access to the rest of
the acreage. The garage features a pool house bathroom and plenty
of parking spaces. Want to view the property directly from your
phone, tablet or computer? Check out this 3D Virtual Tour Link
https://my.matterport.com/show/?m=Pho6vHgffrx
Unit Size
2,684 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$108
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1989
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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 #69177206)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Keller Williams Southeast Texa | $290,000 | |
| Listed by Keller Williams Southeast Texa | |||
| | |||
|
Wonderful Lumberton home sitting on 2 acres that has been completely remodeled. This home features 3 bedrooms, 2 bathrooms, and a detached 4 car garage. Wood look luxury vinyl plank throughout the main living areas, carpet in the bedrooms and tile in the bathrooms. Multiple large living spaces and an open living/kitchen concept framed by beautiful wood beams. The kitchen features white shaker cabinets, granite countertops, and white subway backsplash, and open floating shelves. Huge bedroom/bathroom set up and the bathroom has a large tiled shower. The back yard also features a pool and nice patio area with access to the rest of the acreage. The garage features a pool house bathroom and plenty of parking spaces. Want to view the property directly from your phone, tablet or computer? Check out this 3D Virtual Tour Link https://my.matterport.com/show/?m=Pho6vHgffrx
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Lumberton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Aislinn Phelan, Keller Williams Southeast Texa
Last Updated: 4 months ago
Data Source: HAR , MLS# 69177206
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69177206
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