$62,500 Last Listed Price
●
Land -
Off Market
207 Mccormick
Columbus, TX 78934
Studio
0 Bath
$63,225
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Take a drive down McCormick St. in Columbus, Texas to see the new
"McCormick Addition!" The current sellers, Five Oak Construction,
would love to work with you to help you build your dream home, or
at this price, you can choose your own builder. The lots are
75ftX150ft, are not in the flood plain (FEMA recognized) and
include underground utilities.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$63
HOA Dues
-
Year Built
-
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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 #85119630)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2023 | No longer available | - | |
| No longer available | |||
| May 19, 2023 | Sold | ||
| Sold | |||
| May 6, 2023 | Listed by Tri-County Realty, LLC | $349,900 | |
| Listed by Tri-County Realty, LLC | |||
| | |||
|
This beauty of a home is just now in the beginning phase of construction - the builder projects to have the home completed by around the middle of March 2023, weather permitting. The pictures are of a similar home and are provided for your visual convenience. The home will feature a spacious island kitchen with quartz countertops. Formal dining area plus breakfast nook. Split plan with private owner's retreat - you will love the luxurious bathroom with double sinks and spacious shower & closet. Bright and open living room with 12' ceilings! Well appointed 1/2 bath for guests. Two additional bedrooms and bathroom on the other side of the home. Covered patio for BBQ's and private back yard green space. Two Car Garage for your covered parking needs. Builder's Warranty! Note: builder is providing several larger door openings (approx 36") and longer driveway and garage for your Texas sized vehicle. (approx. 18' garage door) The manager has listed the unit size as 1958 square feet.
| |||
| Oct 31, 2022 | Listed by Tri-County Realty LLC, - Doubl | $349,900 | |
| Listed by Tri-County Realty LLC, - Doubl | |||
| | |||
|
This beauty of a home is just now in the beginning phase of construction - the builder projects to have the home completed by around the middle of March 2023, weather permitting. The pictures are of a similar home and are provided for your visual convenience. The home will feature a spacious island kitchen with quartz countertops. Formal dining area plus breakfast nook. Split plan with private owner's retreat - you will love the luxurious bathroom with double sinks and spacious shower & closet. Bright and open living room with 12' ceilings! Well appointed 1/2 bath for guests. Two additional bedrooms and bathroom on the other side of the home. Covered patio for BBQ's and private back yard green space. Two Car Garage for your covered parking needs. Builder's Warranty!
Note: builder is providing several larger door openings (approx 36") and longer driveway and garage for your Texas sized vehicle. (approx. 18' garage door)
| |||
| Jun 23, 2022 | Sold | ||
| Sold | |||
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Listed by: Currie Luedecke, Leyco Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 85119630
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Last Updated: 4 months ago
Data Source: HAR , MLS# 85119630
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