Chambers
407 Albritton Gully Rd
$84,900 Last Listed Price
●
House -
Off Market
407 Albritton Gully Rd
Hankamer, TX 77560
3 Beds
2 Baths
1,178 Ft²
$417
Est. Monthly
About This Property
Unlock the potential of this investment gem-a single wide mobile
home nestled on 1.02 acres in the charming town of Hankamer, TX,
offered at $84,900. Ideal for investors or DIY aficionados, this
property offers endless possibilities as a fixer-upper project.
Embrace the small-town allure with its tranquil surroundings and
expansive outdoor space, ripe for enhancements and personal touches
to elevate its worth. Whether your goal is to renovate and resell
or convert it into a lucrative rental property, this opportunity
promises a rewarding venture. Conveniently located at 407 Albritton
Gully Rd, it grants easy access to local amenities and major
thoroughfares, amplifying its investment appeal. Seize the moment
to transform this property into a profitable asset-schedule your
showing today!
Unit Size
1,178 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
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: 4 months ago (HAR #4065365)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by Exit Realty Property Pros | $84,900 | |
| Listed by Exit Realty Property Pros | |||
| | |||
|
Unlock the potential of this investment gem—a single wide mobile home nestled on 1.02 acres in the charming town of Hankamer, TX, offered at $84,900. Ideal for investors or DIY aficionados, this property offers endless possibilities as a fixer-upper project. Embrace the small-town allure with its tranquil surroundings and expansive outdoor space, ripe for enhancements and personal touches to elevate its worth. Whether your goal is to renovate and resell or convert it into a lucrative rental property, this opportunity promises a rewarding venture. Conveniently located at 407 Albritton Gully Rd, it grants easy access to local amenities and major thoroughfares, amplifying its investment appeal. Seize the moment to transform this property into a profitable asset—schedule your showing today!
| |||
Property Highlights
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
Sold On
Sold On
HOA + Taxes
About Chambers
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacey-Kay Carter, Exit Realty Property Pros
Last Updated: 4 months ago
Data Source: HAR , MLS# 4065365
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Last Updated: 4 months ago
Data Source: HAR , MLS# 4065365
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