$415,000
●
House -
Off Market
472 Fremont Drive
Rockwall, TX 75087
4 Beds
0 Bath
2,074 Ft²
$2,620
Est. Monthly
$12
HOA / Fees
6.11%
Cap Rate
About This Property
Discover the charm of this beautiful 4-bedroom residence, perfectly
situated on a generous corner plot within the desirable Lakeview
Summit. Greeted by an enchanting entryway rotunda, this home
welcomes you into a luminous, open floor plan designed for
comfortable living. The kitchen, the heart of the home, boasts
extensive quartz countertops and a suite of newer stainless steel
appliances, including a pristine stove, dishwasher, and sink, ready
for culinary adventures. The expansive master suite offers serene
views of the meticulously landscaped backyard. Elegant laminate
hardwood floors flow seamlessly through the main living spaces,
dining areas, and a formal living room, enhancing the home's warmth
and appeal. The versatile 4th bedroom, featuring French doors, is
ideal as an office space. Recent enhancements include all-new
ductwork, insulation, and a radiant barrier in the fully decked
attic, alongside a modern tankless water heater, ensuring comfort
and efficiency.
Unit Size
2,074 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$200
Property Type
House
Property Taxes
$570
HOA Dues
$12
Year Built
2002
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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: 3 years ago (NTREIS #20553435)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | Listed by CENTURY 21 Judge Fite Co. | $414,990 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
| Jul 30, 2017 | Listed | $258,000 | |
| Listed | |||
| | |||
|
**BACK ON THE MARKET** Buyers financing fell thru days before closing. Beautiful 4 bedroom home located on a large corner lot in Lakeview Summit! Enjoy the inviting entryway rotunda which opens up into a light and bright floorplan. Kitchen upgrades include spacious quartz countertops, brand new stainless steel appliances, brand new stove, dishwasher and sink. Large master suite features new carpet and great views of the landscaped backyard. Laminate hardwood flooring throughout main living areas, dining rooms, and formal living room. 4th bedroom with French doors could serve as an office space. All new ductwork, insulation and radiant barrier added in the fully decked attic. Tankless water heater.The manager has listed the unit size as 2074 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Lakeview Summit
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Listed by: Nick Termini, CENTURY 21 Judge Fite Co.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20553435
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20553435
Details provided by NTREIS and may not match the public record
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