$499,900 Last Listed Price
●
House -
Off Market
23931 Milazzo Drive
Richmond, TX 77406
4 Beds
3 Baths
2,728 Ft²
$3,608
Est. Monthly
$117
HOA / Fees
3.95%
Cap Rate
About This Property
Price reduced on this amazing one-story home located on a corner
lot of a double cul-de-sac street!! This popular floor plan
features 4 bedrooms, 3 full bathrooms, a private study, & large
family den w/tray ceiling that is open to a fabulous island
kitchen!! The private & spacious primary bedroom has a gorgeous
ensuite bathroom with two closets!! Two of the secondary bedrooms
share a separate hallway with a computer desk & full bathroom.
The 4th bedroom is located near the kitchen with a full
bathroom for privacy. The house looks "brand new"; the kitchen &
butler's pantry have granite countertops & freshly painted white
cabinets; all the bedrooms have new carpet, & the neutral decor
will work with anyone's decorating theme. The covered back
patio was enlarged, & the house is located on an oversized
cul-de-sac corner lot with a full sprinkler system & 3 car garage.
The Lakes of Bella Terra is an amazing family community with
convenient access to the Grand Parkway & Westpark Tollway!!
Unit Size
2,728 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$183
Property Type
House
Property Taxes
$1,037
HOA Dues
$117
Year Built
2012
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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: 4 months ago (HAR #16158661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jan 2, 2025 | Listed | $515,000 | |
| Listed | |||
| | |||
|
Highly desired but seldom found; this amazing one-story home is ready for its new family!! This popular floor plan features 4 bedrooms, 3 full bathrooms, a private study, & large family den w/tray ceiling that is open to a fabulous island kitchen!! The private and spacious primary bedroom has a gorgeous ensuite bathroom and two closets!! Two of the secondary bedrooms share a separate hallway with a computer desk and full bathroom. The 4th bedroom is located near the kitchen with a full bathroom for privacy. The house looks "brand new"; the kitchen & butler's pantry have granite countertops and freshly painted white cabinets; all the bedrooms have new carpet, and the neutral decor will work with anyone's decorating theme. The covered back patio was enlarged, and the house is located on an oversized cul-de-sac corner lot with a full sprinkler system & 3 car garage. The Lakes of Bella Terra is an amazing family community with convenient access to the Grand Parkway & Westpark Tollway!!
| |||
Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Denise Hulse, RE/MAX Southwest
Last Updated: 4 months ago
Data Source: HAR , MLS# 16158661
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Last Updated: 4 months ago
Data Source: HAR , MLS# 16158661
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