307 Road 5120
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by Realty Of America, LLC | $250,000 | |
| Listed by Realty Of America, LLC | |||
| Jul 9, 2026 | Listed by Realty Of America, LLC | $260,000 | |
| Listed by Realty Of America, LLC | |||
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Welcome to 307 Road 5120, Cleveland, TX 77327! This stunning 4-bedroom, 2.5-bathroom home spans 1,900 square feet and is located in the peaceful Santa Fe subdivision. With easy access to major highways, including Highway 99, commuting is effortless, and amenities are close by. Inside, you'll find a contemporary open-concept layout with a spacious living area flowing into a modern kitchen. The kitchen boasts high-end appliances, elegant finishes, and ample storage, perfect for cooking enthusiasts. The primary bedroom features an en-suite bathroom, while the additional bedrooms are spacious and versatile. Stylishly designed bathrooms add extra comfort. The backyard is perfect for entertaining or relaxing, and the attached garage offers added convenience. This home combines modern design, comfort, and a great location in the growing community of Cleveland, TX. Don’t miss this opportunity! LOW TAX RATE !!
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| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by Houston Center Real Estate | $49,000 | |
| Listed by Houston Center Real Estate | |||
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Check out this fantastic lot in up and coming Cleveland area, close to Highway 99! The adjacent lot is also available parcel ID #007312-00109700 - buy one or both for your chance to have almost a full acre to build your dream home! Don't miss it!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017