451 COUNTY ROAD 1120
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by CARLISLE REAL ESTATE | $629,000 | |
| Listed by CARLISLE REAL ESTATE | |||
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Absolutely stunning four bedroom, three bath home that was renovated, remodeled, upgraded- from the studs out. This is a home for a discerning buyer who appreciates strict attention to detail. Large living area with fireplace is open to the dining and kitchen. First class kitchen with custom cabinets, granite countertops, commercial range, stainless appliances. Master bedroom has room for a reading or tv area, nice master bath with soaking tub and separate shower, and adjoining deck. Two bedrooms, bath, and laundry room are in one wing of the house with another bedroom and bath on the opposite end of the home. House has new wiring, plumbing, foam insulation, windows, fans, zoned AC and heat system, water heaters. Water supplied by deep private well. Oversize garage with concrete approach, covered front porch, large covered porch overlooking the firepit behind the house. The property is fenced, has big oak and pecan trees, and sits in the middle of larger ranches. No city taxes.
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| Jun 13, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Price Decreased |
$660,000
↓ $40K
(5.7%) | |
| Price Decreased | |||
| Mar 20, 2023 | Listed by Magnolia Realty | $700,000 | |
| Listed by Magnolia Realty | |||
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WELCOME HOME to Meridian, TX where life is simple, sunsets are gorgeous and the people are as sweet as the tea they drink. Come take a look at this turn key, beautiful and unique property that has been COMPLETELY REMODELED for your country living pleasure. Fenced and cross fenced, Oak and Pecan trees everywhere...850 ft deep well...new appliances, new HVAC system, foam insulation, new granite, It’s practically a brand new build! Neighboring ranches and ranch land all around....with NO RESTRICTIONS!!! It doesn’t get much better than this! Centrally located to Lake Whitney, the Culture and Art of Clifton, Historic Hico and Charming Valley Mills where the Magnolia cooking show is filmed. Easy 1 hour drive to Waco or Dallas makes this property a quiet retreat from the big city or the perfect place to call your forever home.
From the moment you enter the front gate you will know this is where you want to be. This 4 bedroom, 3 bath homestead is located just 5 miles from the Meridian courthouse square. The incredible views you see during the drive will have you stopping the car to take pictures. Property is platted in a rectangular shaped lot making the appearance clean and orderly. Completely fenced and cross fenced, there is room for your animals to be spoiled too. They will love the concrete watering trough with water hooked up for easy filling. Outside the home you will see nothing but ranches and ranch land filled with trees, mostly Live Oaks and Pecan Trees and a few exotic animals. The property is not restricted so you can have animals, build a shop, RV barn, another house, whatever you want! The sellers have lovingly remodeled EVERY SINGLE INCH of the home, inside and out. The floor plan of the original homestead has been significantly changed to add a primary bedroom, bathroom, closet and large porch roomy enough for private dining or that perfect morning coffee while you listen to the birds sing and watch the wildlife wake up to a new day. A laundry room and 3rd bathroom have also been added to the home.
Love to cook? You will be thrilled with the huge gourmet range and vent hood. The 500 gallon propane tank with new piping will make cooking and entertaining so enjoyable. The cool jaquar granite and iron railing are just icing on the cake. The open concept kitchen with all new cabinetry, dining and living area can accommodate large groups of people without feeling crowded. Enjoy sitting on the back porch and looking at your expansive yard and fire pit that just calls for roasting marshmallows. There is room for everyone to have their own private space if needed. The porch off the primary bedroom is roomy and perfect for private dining or that perfect morning coffee while you listen to the birds sing and watch the wildlife wake up to a new day. The manager has listed the unit size as 2426 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017