$389,900 Last Listed Price
●
House -
Off Market
507 Silver Creek Circle
Richmond, TX 77406
5 Beds
2 Baths,
1
Half Bath
2,819 Ft²
$405,511
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Large 2 story home featuring 5 bedrooms, 2 1/2 baths with a 3-car
tandem garage. Open & spacious floor plan with hardwood floors
throughout the main living. Primary bedroom suite on the 1st level
with tray ceiling. Primary bathroom with large jacuzzi tub, double
sinks, separate shower & walk-in closet. 2nd bedroom on the main
level for guest or can also be used as office/study. Updated
Gourmet kitchen has large island with custom wine rack built-in,
granite countertops, farmhouse sink, abundance of cabinets &
stainless-steel appliances, including refrigerator. Living room
with soaring ceilings & an abundance of natural light. Upstairs you
will find a huge game room that has lots of windows. There are also
3 additional nice sized guest bedrooms. Guest bath with double
sinks. Backyard is great for entertaining with an oversized
pavestone patio. Rivers Edge has a Sports Complex with pool,
playground, volleyball, baseball & soccer fields. AC condenser
replaced 2022. HOME DID NOT FLOOD.
Unit Size
2,819 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$138
Property Type
House
Property Taxes
$595
HOA Dues
$58
Year Built
2004
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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: 6 months ago (HAR #31930386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by Krueger Real Estate | $389,900 | |
| Listed by Krueger Real Estate | |||
| | |||
|
Large 2 story home featuring 5 bedrooms, 2 1/2 baths with a 3-car tandem garage. Open & spacious floor plan with hardwood floors throughout the main living. Primary bedroom suite on the 1st level with tray ceiling. Primary bathroom with large jacuzzi tub, double sinks, separate shower & walk-in closet. 2nd bedroom on the main level for guest or can also be used as office/study. Updated Gourmet kitchen has large island with custom wine rack built-in, granite countertops, farmhouse sink, abundance of cabinets & stainless-steel appliances, including refrigerator. Living room with soaring ceilings & an abundance of natural light. Upstairs you will find a huge game room that has lots of windows. There are also 3 additional nice sized guest bedrooms. Guest bath with double sinks. Backyard is great for entertaining with an oversized pavestone patio. Rivers Edge has a Sports Complex with pool, playground, volleyball, baseball & soccer fields. AC condenser replaced 2022. HOME DID NOT FLOOD.
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Rivers Edge
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Listed by: Donna Yates, Krueger Real Estate
Last Updated: 6 months ago
Data Source: HAR , MLS# 31930386
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Last Updated: 6 months ago
Data Source: HAR , MLS# 31930386
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