$493,600 Last Listed Price
●
House -
Off Market
5 Palmero Way
Manvel, TX 77578
4 Beds
3 Baths,
1
Half Bath
3,079 Ft²
$492,253
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Beautiful New Construction by Saratoga Homes in the exclusive gated
community of Rodeo Palms! The beautiful Aurora floor plan is a
2-story home with 4 bedrooms, 3.5 baths, & attached oversized 2-car
garage! The 1st floor features high ceilings, study, dining room,
family room with fireplace, half bath, & in-house utility room! The
eat-in kitchen is sure to be a crowd pleaser with soon-to-be
installed granite countertops, tile backsplash, farmhouse sink,
stainless steel appliances, double ovens, & shaker-style cabinets!
The primary bedroom features an en-suite bath with dual sinks,
vanity, soaking tub, separate shower, & walk-in closet! The second
floor opens to 3 secondary bedrooms with a shared full bath,
including a guest bedroom room, full bath & a game room! The
backyard offers a covered patio and outdoor kitchen! Zoned to
amazing Alvin ISD, this home is located in the Rodeo Palms
subdivision within close proximity to FM-288 & Hwy 6!
Unit Size
3,079 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$160
Property Type
House
Property Taxes
$132
HOA Dues
$92
Year Built
-
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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: 5 months ago (HAR #45126740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by Compass RE Texas, LLC | $493,600 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Beautiful New Construction by Saratoga Homes in the exclusive gated community of Rodeo Palms! The beautiful Aurora floor plan is a 2-story home with 4 bedrooms, 3.5 baths, & attached oversized 2-car garage! The 1st floor features high ceilings, study, dining room, family room with fireplace, half bath, & in-house utility room! The eat-in kitchen is sure to be a crowd pleaser with soon-to-be installed granite countertops, tile backsplash, farmhouse sink, stainless steel appliances, double ovens, & shaker-style cabinets! The primary bedroom features an en-suite bath with dual sinks, vanity, soaking tub, separate shower, & walk-in closet! The second floor opens to 3 secondary bedrooms with a shared full bath, including a guest bedroom room, full bath & a game room! The backyard offers a covered patio and outdoor kitchen! Zoned to amazing Alvin ISD, this home is located in the Rodeo Palms subdivision within close proximity to FM-288 & Hwy 6!
| |||
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
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About Manvel
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Listed by: Thai Klam, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 45126740
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45126740
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