$69,999 Last Listed Price
●
Land -
Off Market
4658 Cypress Lakes Circle
Cleveland, TX 77327
Studio
0 Bath
$610
Est. Monthly
$168
HOA / Fees
About This Property
Enjoy the tranquility of lakeside living, abundant wildlife, and
excellent fishing opportunities in your own backyard on this prime
waterfront lot. Ready for your RV with an extended gravel
driveway and metal 22' X 42" RV cover. The lot is cleared of
underbrush with a stand of trees surrounding the lot for privacy.
The two-car garage has an epoxy floor plus sink and washer/dryer
connections. It is equipped with 2 window A/Cs; as well as a
Honeywell dehumidifier for added comfort and an optimum storage
environment. The multipurpose area upstairs can be used as a
sleeping quarters, a storage area, or an artist's loft. Dine
alfresco on the concrete outdoor patio. Store your canoe or kayak
on the wood racks adjacent to the garage. Experience
recreational living at its finest. Highlights of The Preserve
include swimming pools, putt-putt golf, splash pad, hiking/biking
trails, & fishing pier!
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
$98
HOA Dues
$168
Year Built
2018
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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 (HAR #4017957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Keller Williams Realty Northeast | $69,999 | |
| Listed by Keller Williams Realty Northeast | |||
| | |||
|
Enjoy the tranquility of lakeside living, abundant wildlife, and excellent fishing opportunities in your own backyard on this prime waterfront lot. Ready for your RV with an extended gravel driveway and metal 22' X 42" RV cover. The lot is cleared of underbrush with a stand of trees surrounding the lot for privacy. The two-car garage has an epoxy floor plus sink and washer/dryer connections. It is equipped with 2 window A/Cs; as well as a Honeywell dehumidifier for added comfort and an optimum storage environment. The multipurpose area upstairs can be used as a sleeping quarters, a storage area, or an artist’s loft. Dine alfresco on the concrete outdoor patio. Store your canoe or kayak on the wood racks adjacent to the garage. Experience recreational living at its finest. Highlights of The Preserve include swimming pools, putt-putt golf, splash pad, hiking/biking trails, & fishing pier!
| |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
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Sold On
Sold On
HOA + Taxes
About Liberty
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Listed by: Diane Bowdoin, Keller Williams Realty Northeast
Last Updated: 5 months ago
Data Source: HAR , MLS# 4017957
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Last Updated: 5 months ago
Data Source: HAR , MLS# 4017957
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