$449,900 Last Listed Price
●
House -
Off Market
5630 Gerken Road
Pleak, TX 77471
3 Beds
2 Baths
2,116 Ft²
$2,462
Est. Monthly
About This Property
WONDERFUL COUNTRY LIVING with easy access to major roads and
highways. Set nicely on +/- 2 acres of land, far back off the road,
This lovely home is surrounded by mature trees and offers TWO
wonderful acres of country style living. Bring your toys, horses
and whatever else you need, to this great opportunity that offers
the best of both worlds, SPACE AND LOCATION. The home has been
fully updated and is ready to move into. Complete interior updates
in 2024, roof in March 2024, Pex plumbing and HVAC in recent years
as well. This great country home offers +/-2116 Sgft with one of
the biggest family rooms around, with vaulted ceiling, wood burning
fireplace and beautifully redone wet bar. There is nice dining
room, with bay window. The country kitchen has a eat in breakfast,
granite counter tops, black appliances, painted wood cabinets, and
a close by utility room with room for fridge. The primary bedroom
is spacious with en-suite redone bath with 2 closets. Two more
bedrooms and new bath.
Unit Size
2,116 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$213
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1980
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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 #39537336)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 19, 2024 | Listed by RE/MAX Fine Properties | $449,900 | |
| Listed by RE/MAX Fine Properties | |||
| | |||
|
WONDERFUL COUNTRY LIVING with easy access to major roads and highways. Set nicely on +/- 2 acres of land, far back off the road, This lovely home is surrounded by mature trees and offers TWO wonderful acres of country style living. Bring your toys, horses and whatever else you need, to this great opportunity that offers the best of both worlds, SPACE AND LOCATION. The home has been fully updated and is ready to move into. Complete interior updates in 2024, roof in March 2024, Pex plumbing and HVAC in recent years as well. This great country home offers +/-2116 Sgft with one of the biggest family rooms around, with vaulted ceiling, wood burning fireplace and beautifully redone wet bar. There is nice dining room, with bay window. The country kitchen has a eat in breakfast, granite counter tops, black appliances, painted wood cabinets, and a close by utility room with room for fridge. The primary bedroom is spacious with en-suite redone bath with 2 closets. Two more bedrooms and new bath.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Big Creek Rural Estate
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Listed by: Jeffrey Lutz, RE/MAX Fine Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 39537336
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Last Updated: 5 months ago
Data Source: HAR , MLS# 39537336
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