$625,000
●
House -
Off Market
3222 Berry Hollow
Melissa, TX 75454
4 Beds
3 Baths,
1
Half Bath
3,828 Ft²
$647,114
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
1.67 acre updated home in Berry Farms in Melissa. Surrounded by
trees in both front & back, you'll love the serenity of country
life & proximity to the city. Interior features new hardwood floors
throughout home & new carpeting upstairs. Wired for security system
& brand-new Lennox thermostats. Kitchen overlooks living area with
granite counters & stone backsplash and a breakfast nook. Master
suite downstairs has brand-new walk-in closet & stunning updated
spa-like bath with barn door entry. 2nd master suite upstairs along
with secondary rooms featuring walk-in closets & media room. Huge
utility & mud room. Year-round enjoyment in the 2020 updated
covered patio with fireplace & large heavily treed backyard.
Unit Size
3,828 Ft²
Days on Market
-
Land Size
1.67 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
$7
Year Built
2002
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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: 6 months ago (NTREIS #14595642)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Keller Williams Realty DPR | $559,900 | |
| Listed by Keller Williams Realty DPR | |||
| | |||
|
1.67 acre updated home in Berry Farms in Melissa. Surrounded by trees in both front & back, you’ll love the serenity of country life & proximity to the city. Interior features new hardwood floors throughout home & new carpeting upstairs. Wired for security system & brand-new Lennox thermostats. Kitchen overlooks living area with granite counters & stone backsplash and a breakfast nook. Master suite downstairs has brand-new walk-in closet & stunning updated spa-like bath with barn door entry. 2nd master suite upstairs along with secondary rooms featuring walk-in closets & media room. Huge utility & mud room. Year-round enjoyment in the 2020 updated covered patio with fireplace & large heavily treed backyard. The manager has listed the unit size as 3828 square feet.
| |||
| Jun 11, 2021 | Listed by Keller Williams Realty DPR | $559,900 | |
| Listed by Keller Williams Realty DPR | |||
| | |||
|
1.67 acre updated home in Berry Farms in Melissa. Surrounded by trees in both front & back, you’ll love the serenity of country life & proximity to the city. Interior features new hardwood floors throughout home & new carpeting upstairs. Wired for security system & brand-new Lennox thermostats. Kitchen overlooks living area with granite counters & stone backsplash and a breakfast nook. Master suite downstairs has brand-new walk-in closet & stunning updated spa-like bath with barn door entry. 2nd master suite upstairs along with secondary rooms featuring walk-in closets & media room. Huge utility & mud room. Year-round enjoyment in the 2020 updated covered patio with fireplace & large heavily treed backyard.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
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Sold On
HOA + Taxes
About Melissa
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Listed by: Meleese Hoss, Keller Williams Realty DPR
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14595642
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14595642
Details provided by NTREIS and may not match the public record
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