$2,495,000
●
House -
Off Market
2153 Trail Ridge Road #2
Graford, TX 76449
4 Beds
0 Bath
3,441 Ft²
$15,082
Est. Monthly
-0.16%
Cap Rate
About This Property
Introducing a remarkable waterfront property that epitomized
elegance and offers an exceptional turnkey opportunity. Nestled in
a picturesque location, this open-concept gem showcases abundant
natural light, captivating views, and a wealth of desirable
features. With it's deep water access and a private dock, this
property is a boater's dream, The sleek and modern kitchen is a
chef's delight, featuring state-of-the-art appliances, ample
counter space, and an island that invites conversation. This
property boasts an outdoor oasis and that is sure to impress. The
generous deck offers and idyllic setting overlooking the water and
the gorgeous pool-spa. This property offers huge rental potential!
Unit Size
3,441 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$725
Property Type
House
Property Taxes
$2,831
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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: 3 years ago (NTREIS #20542511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by Century 21 Mike Bowman, Inc. | $2,495,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Carport Spaces: 2
Parking Features: 0
Interior Details
Interior Features: Built-in Wine Cooler, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Smart Home System, Sound System Wiring
Appliances: Built-in Refrigerator, Commercial Grade Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Double Oven, Plumbed For Gas in Kitchen
Flooring Type: Carpet, Ceramic Tile, Wood
Has Fireplace
Gas Logs
Fireplaces: 1
Exterior Details
Listing Terms: Cash, Conventional
Foundation Details: Slab
Roof: Metal
Window Features: Bay Window(s), Electric Shades, Window Coverings
Construction Materials: Rock/Stone, Stucco
Pool Features: Gunite, In Ground
Landscaped, Water/Lake View
Lot Size Acres: 0.5210
Financial Details
Tax Lot: 27
Unexempt Taxes: $33,966
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Water Body Name: Possum Kingdom
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2024
|
4 Bed
|
-
|
3441 ft²
|
$2,495,000
4 Bed
-
3441 ft²
|
$2,495,000
05/23/2024
|
Michael Avidon
Century 21 Mike Bowman, Inc.
| |
|
09/21/2020
| |
4 Bed
|
-
|
3077 ft²
|
$1,595,000
4 Bed
-
3077 ft²
|
$1,558,000
-2.32%
11/20/2020
|
Michael Avidon
Century 21 Mike Bowman, Inc.
|
|
07/29/2017
| |
3 Bed
|
3.5 Bath
|
3077 ft²
|
-
3 Bed
3.5 Bath
3077 ft²
|
-
-
|
-
|
Building Info
About Palo Pinto
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Listed by: Michael Avidon, Century 21 Mike Bowman, Inc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20542511
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20542511
Details provided by NTREIS and may not match the public record
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