$186,000
●
House -
Off Market
404 Oak Drive
Tool, TX 75143
3 Beds
2 Baths
1,934 Ft²
$237,134
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Charming maintained home on 3 lots with nice lake views and has a
workshop with electricity and guest living quarters without water.
Spacious living room with wood-burning stove, with 3 bedrooms and
two baths, double sink vanity in master bath. RV covered parking
and fenced yard. Two car oversized carport with a workbench. Great
area for fishing, boating, and community boat launch around the
corner. It's a great getaway from the big city on the weekend.
Composition shingled roof replaced in 2020 and electric hot water heater replaced in 2017 per homeowner.
No survey available. Buyer will need to purchase one. Buyer and buyer's agent to verify all information.
Composition shingled roof replaced in 2020 and electric hot water heater replaced in 2017 per homeowner.
No survey available. Buyer will need to purchase one. Buyer and buyer's agent to verify all information.
Unit Size
1,934 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$101
Property Type
House
Property Taxes
-
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: 5 months ago (NTREIS #14516183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2021 | Listed by KW-Cedar Creek Lake Properties | $239,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
| | |||
|
This home sits right across the street from Cedar Creek Lake and is in a great neighborhood with a boat launch. Inside you will find two living areas, wet bar, wood burning stove, new paint, new light fixtures and new ceiling fans. The double lot is fenced and offers lots of room to enjoy the outdoors, beautiful mature trees and lake views. Check out the covered and screened back porch . A perfect spot for your morning coffee or an evening beverage. There is plenty of parking with carport and circle drive as well as ample storage. Behind the carport you will find a partially finished out area that could easily be turned in extra sleeping-living space, workshop or more storage.
| |||
| Apr 8, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Keller Williams Realty | $195,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Charming maintained home on 3 lots with nice lake views and has a workshop with electricity and guest living quarters without water. Spacious living room with wood-burning stove, with 3 bedrooms and two baths, double sink vanity in master bath. RV covered parking and fenced yard. Two car oversized carport with a workbench. Great area for fishing, boating, and community boat launch around the corner. It's a great getaway from the big city on the weekend.
Composition shingled roof replaced in 2020 and electric hot water heater replaced in 2017 per homeowner.
No survey available. Buyer will need to purchase one. Buyer and buyer's agent to verify all information.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Tool
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Listed by: Kayla Jordan, Keller Williams Realty
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14516183
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14516183
Details provided by NTREIS and may not match the public record
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