$199,900 Last Listed Price
●
House -
Off Market
5518 Avenue L
Santa Fe, TX 77510
2 Beds
1 Bath,
1
Half Bath
1,386 Ft²
$1,363
Est. Monthly
About This Property
Charming 2-3 bedroom cottage on a large 26,000 SF lot blends
farmhouse charm with modern updates! Nestled among mature pine &
pecan trees, this peaceful retreat offers a large living room with
original pine floors, an open-concept kitchen with stainless
appliances including a gas range with an air fryer, a master suite
with wood floors, a nook for a dresser or extra closet, and a
massive custom closet that could easily be converted back into a
3rd bedroom. Also note the nearby full bathroom that features a
stylish vanity, a tub/shower combo with a tile-surround, farmhouse
lighting, & a convenient powder room for guests. A rustic back
porch overlooks the ample & partially fenced yard with 2 sheds -
one with electricity, a 2-car garage & workshop, a chicken coop, &
plenty of space for your boat, RV, trailer, or dreams of expansion.
Recent updates include an HVAC system in 2020, a roof in 2014, &
some new windows. With no HOA & room for livestock, this property
is ready to welcome you!
Unit Size
1,386 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$144
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1954
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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 #51499409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Stanfield Properties | $199,900 | |
| Listed by Stanfield Properties | |||
| | |||
|
Charming 2-3 bedroom cottage on a large 26,000 SF lot blends farmhouse charm with modern updates! Nestled among mature pine & pecan trees, this peaceful retreat offers a large living room with original pine floors, an open-concept kitchen with stainless appliances including a gas range with an air fryer, a master suite with wood floors, a nook for a dresser or extra closet, and a massive custom closet that could easily be converted back into a 3rd bedroom. Also note the nearby full bathroom that features a stylish vanity, a tub/shower combo with a tile-surround, farmhouse lighting, & a convenient powder room for guests. A rustic back porch overlooks the ample & partially fenced yard with 2 sheds - one with electricity, a 2-car garage & workshop, a chicken coop, & plenty of space for your boat, RV, trailer, or dreams of expansion. Recent updates include an HVAC system in 2020, a roof in 2014, & some new windows. With no HOA & room for livestock, this property is ready to welcome you!
| |||
Property Highlights
Garage
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 Santa Fe
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Listed by: Terri Zinke Jackson, Stanfield Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 51499409
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Last Updated: 5 months ago
Data Source: HAR , MLS# 51499409
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