$375,000 Last Listed Price
●
House -
Off Market
48 County Road 318
Cleveland, TX 77327
3 Beds
2 Baths
2,044 Ft²
$372,661
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome to the "Vineyard House" where you'll find 3 rows of
grapevines in a small back yard vineyard. The 1.5 AC property also
has an organic gardening area & fruit trees -orange, pear, pecan
Asian apple, & fig). There is a detached 8 car garage/shop
(including a 4 car tandem) & attached 2 car garage, for a total of
10 car garage parking, or use part for a workshop. This property is
fully fenced with a gated entrance. You're welcomed to the home by
the beautiful front porch adorned with wood columns, matching wood
shutters across the front and a metal roof. Inside you'll find a
gas log fireplace in the living room, kitchen/dining combo, first
floor primary bedroom/en suite, & first floor laundry room. The
second floor has two additional bedrooms, full guest bath, and a
large bonus room that could be used as a game room, media room, or
4th bedroom, plus a wall of built ins and some finished attic space
for storage. Last but not least - relax on the screened in back
porch! Take a look!
Unit Size
2,044 Ft²
Days on Market
-
Land Size
1.51 acres
Price per sqft
$183
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1994
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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: 4 months ago (HAR #56374887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Keller Williams Advtge Realty | $375,000 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
|
Welcome to the "Vineyard House" where you'll find 3 rows of grapevines in a small back yard vineyard. The 1.5 AC property also has an organic gardening area & fruit trees -orange, pear, pecan Asian apple, & fig). There is a detached 8 car garage/shop (including a 4 car tandem) & attached 2 car garage, for a total of 10 car garage parking, or use part for a workshop. This property is fully fenced with a gated entrance. You're welcomed to the home by the beautiful front porch adorned with wood columns, matching wood shutters across the front and a metal roof. Inside you'll find a gas log fireplace in the living room, kitchen/dining combo, first floor primary bedroom/en suite, & first floor laundry room. The second floor has two additional bedrooms, full guest bath, and a large bonus room that could be used as a game room, media room, or 4th bedroom, plus a wall of built ins and some finished attic space for storage. Last but not least - relax on the screened in back porch! Take a look!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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HOA + Taxes
About Liberty
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Listed by: Shelly Faust, Keller Williams Advtge Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 56374887
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Last Updated: 4 months ago
Data Source: HAR , MLS# 56374887
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