Gorgeous rock home on a huge specialty lot with just one HOA
assessment within the Nationally Registered Fort Clark Historical
District. This home is the perfect family home or retiree
place with mature pecan and oak trees, a shaded front porch looking
out to the old parade grounds where you can see the most vibrant
evening sunsets. The expansive back yard has a large
concrete driveway for extra parking leading to the roomy two
car garage, and also has an rv carport complete with amp hookups
and clean out and a storage room/workshop. The layout of home is
perfect for entertaining with a large kitchen with granite
countertops, ample cabinetry for storage, and adjoining utility
room with sink, formal dining room and two living rooms, one
expansive and light filled and the other cozy and intimate with a
rock fireplace and custom wet bar. Two large bedrooms each have a
full bath and walk in closets. The back living room opens out to an
amazing screened in garden room with louvered windows which would
make a great home office space, game room or even a bedroom for
guests. The back steps open out to a rocked patio pavilion with a
wonderful wooden gazebo for grilling and dining el fresco.
Home has a newer metal roof and also a whole house water
filtration and water softener system. A peaceful
neighborhood made for quiet evenings, watching the wildlife from
your lush yard, visiting with family and friends or reading a good
book. Plus all the amenities the Fort has to offer including the
third largest spring fed pool in Texas, 18 hole golf course, miles
of nature trails, fitness center etc etc. This is a
spectacular offering for a great price point, you don't want to
miss out on it!
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.
Interior Features: Chandelier, Wet Bar, Three Living Area, Separate Dining Room, Shop, Utility Room Inside, 1st Floor Lvl/No Steps, Pull Down Storage, Cable TV Available, All Bedrooms Downstairs, Laundry Room, Attic - Access only, Attic - Pull Down Stairs
Appliances: Washer, Dryer, Cooktop, Refrigerator, Dishwasher, Vented Exhaust Fan, Electric Water Heater, Down Draft, Washer Connection, Dryer Connection, Stove/Range, Solid Counter Tops, Private Garbage Service
Flooring Type: Carpet, Ceramic Tile, Concrete
Door Features: Storm Door(s)
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Living Room, Wood Burning, One
Fireplaces: 1
Exterior Details
Square Footage: 2141
Property Condition: Pre-Owned
Architectural Style: Ranch, One Story
Year Built: 1976
Builder Name: Unknown
Other Structures: Gazebo, Shed(s), Storage, Workshop
Construction Materials: Wood Siding, Stone/Rock, Siding
Patio and Porch Features: Porch, Patio
Pool Features: None
Lot Features: Corner Lot, Level, 1/2-1 Acre, Mature Trees (ext feat)
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