$178,000
●
Mobile Manufactured -
Off Market
4507 Rhea Road
Granbury, TX 76049
3 Beds
2 Baths
1,743 Ft²
$1,013
Est. Monthly
$31
HOA / Fees
11.79%
Cap Rate
About This Property
Introducing a charming & spacious 3-bed, 2-bath. Home is nestled on
a sprawling property spanning over half an acre with mature trees .
This delightful residence offers an array of desirable features,
including a private well, RV covered parking with hookup, access to
a community pool & the privilege of enjoying the serene beauty of
Lake Granbury with a convenient boat ramp nearby. Families will
appreciate the highly regarded Acton schools. For those warm summer
days, residents can take advantage of the community pool, offering
a refreshing oasis just steps away from home. Don't miss the
opportunity to make this remarkable property your own. For added
convenience, this property includes two storage buildings,
providing ample space to store outdoor equipment, tools or personal
belongings. The presence of a propane tank offers an alternative
energy source & provides flexibility for heating and cooking. Also,
enjoy playing pool or relaxing in the hot tub. Conveniently located
on FtW side.
Unit Size
1,743 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$115
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$31
Year Built
1987
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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: 2 years ago (NTREIS #20378800)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Keller Williams Brazos West | $199,900 | |
| Listed by Keller Williams Brazos West | |||
| Jul 12, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | Price Decreased |
$264,900
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Apr 7, 2023 | Listed by Fathom Realty, LLC | $274,999 | |
| Listed by Fathom Realty, LLC | |||
| | |||
|
Enjoy country living while being close to town with this established home in Montego Bay. This property offers tons of storage including four storage buildings, covered RV storage with hookups, a three car carport, and tons of room for storage inside! Enjoy the country air on your covered front porch overlooking a beautiful pasture or the shade offered by the many mature trees. The home features a massive game room and an attached enclosed room with a large hot-tub. This home is perfect for those seeking to get away from the city and enjoy entertaining and relaxation. The manager has listed the unit size as 1743 square feet.
| |||
Property Highlights
Air Conditioning
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Hood
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Listed by: Elia Garces, Keller Williams Brazos West
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20378800
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20378800
Details provided by NTREIS and may not match the public record
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