$1,550,000
●
House -
Off Market
3333 Melton Road
Sanger, TX 76266
4 Beds
3 Baths
4,200 Ft²
$1,784,114
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Gorgeous ranch home on 20+- Acres, perfect for entertaining. This
custom home boasts serene views as it backs up to Lake Ray Robert's
Corp of Engineers Property. Tucked away on a dead-end street, it is
a perfect place to call home & relax. Inside the home has Viking &
Miele appliances. Fabulous floor plan enhanced by fine finishes &
generous room size offering endless entertaining opportunities.
Large outdoor space with an oversized pool, Renato Italian pizza
oven, primo grill, and smoker perfect for the entertainer. The
recently built barn has indoor and outdoor hookups and has plenty
of overhead storage. The barn offers flex space that could be used
as an apartment or game room. Private water well. Ag Exempt.
Unit Size
4,200 Ft²
Days on Market
-
Land Size
20.27 acres
Price per sqft
$381
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014
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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: 5 months ago (NTREIS #14635438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2021 | No longer available | - | |
| No longer available | |||
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2021 | In contract | - | |
| In contract | |||
| Aug 25, 2021 | Listed by Sarah Boyd & Co | $1,600,000 | |
| Listed by Sarah Boyd & Co | |||
| | |||
|
Gorgeous ranch home on 20+- Acres, perfect for entertaining. This custom home boasts serene views as it backs up to Lake Ray Robert's Corp of Engineers Property. Tucked away on a dead-end street, it is a perfect place to call home & relax. Inside the home has Viking & Miele appliances. Fabulous floor plan enhanced by fine finishes & generous room size offering endless entertaining opportunities. Large outdoor space with an oversized pool, Renato Italian pizza oven, primo grill, and smoker perfect for the entertainer. The recently built barn has indoor and outdoor hookups and has plenty of overhead storage. The barn offers flex space that could be used as an apartment or game room. Private water well. Ag Exempt. The manager has listed the unit size as 4200 square feet.
| |||
| Aug 10, 2021 | Listed by Sarah Boyd & Co | $1,600,000 | |
| Listed by Sarah Boyd & Co | |||
| | |||
|
Gorgeous ranch home on 20+- Acres, perfect for entertaining. This custom home boasts serene views as it backs up to Lake Ray Robert's Corp of Engineers Property. Tucked away on a dead-end street, it is a perfect place to call home & relax. Inside the home has Viking & Miele appliances. Fabulous floor plan enhanced by fine finishes & generous room size offering endless entertaining opportunities. Large outdoor space with an oversized pool, Renato Italian pizza oven, primo grill, and smoker perfect for the entertainer. The recently built barn has indoor and outdoor hookups and has plenty of overhead storage. The barn offers flex space that could be used as an apartment or game room. Private water well. Ag Exempt.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Denton
Similar Homes for Sale
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Listed by: Sarah Boyd, Sarah Boyd & Co
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14635438
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14635438
Details provided by NTREIS and may not match the public record
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