$45,000 Last Listed Price
●
Land -
Off Market
32 Road 5101
Cleveland, TX 77327
Studio
0 Bath
$47,489
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
PRICED TO SELL FAST. Almost half an acre lot perfect to build your
next dream home! Santa Fe is located in Cleveland and really
perfect for anyone who is looking for peace and quiet on extra
space while still being in a community. This master planned
community is a mixed -use community with lots varying from 14,000
sqft lots to 2 acres for residential use and up to 80 acres for
commercial use. While there are guidelines, this community is very
accommodating to the ranch life. Come bring your horses, chickens,
and livestock to build a self sustaining life. The new section of
the Grandpark Tollway in New Caney intersecting US 90, FINALLY
finished construction and opened just yesterday in May 2022. This
extends all the way to Bayton. Great opportunity for investors to
get in early before the economic boom! Custom home builders on
site!
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$100
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 #62523503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by Hardee & Company Real Estate | $45,000 | |
| Listed by Hardee & Company Real Estate | |||
| | |||
|
PRICED TO SELL FAST. Almost half an acre lot perfect to build your next dream home! Santa Fe is located in Cleveland and really perfect for anyone who is looking for peace and quiet on extra space while still being in a community. This master planned community is a mixed -use community with lots varying from 14,000 sqft lots to 2 acres for residential use and up to 80 acres for commercial use. While there are guidelines, this community is very accommodating to the ranch life. Come bring your horses, chickens, and livestock to build a self sustaining life. The new section of the Grandpark Tollway in New Caney intersecting US 90, FINALLY finished construction and opened just yesterday in May 2022. This extends all the way to Bayton. Great opportunity for investors to get in early before the economic boom! Custom home builders on site!
| |||
| Jun 24, 2022 | Sold | ||
| Sold | |||
| Dec 21, 2021 | Listed by BlueRoof Real Estate, LLC | $50,000 | |
| Listed by BlueRoof Real Estate, LLC | |||
| | |||
|
Great upcoming location to build your dream home! On a cul-de-sac with more than enough privacy. Undeveloped property.
| |||
Property Highlights
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Status
Status
Type
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Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Liberty
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Currently no similar homes aroundNearby Rentals
Listed by: Maria Quintanilla, Hardee & Company Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 62523503
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Last Updated: 4 months ago
Data Source: HAR , MLS# 62523503
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