$94,900 Last Listed Price
●
House -
Off Market
575 Walker Drive
Cleveland, TX 77327
1 Bed
1 Bath
390 Ft²
$104,552
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Make all your lake house dreams come true in this adorable, well
appointed, super efficient property. This home away from home is
perfect for a weekend retreat, air bnb investment, vacation
home or full time living. Tucked away in your own little piece of
East Texas thicket is this super quiet home on a 1/4 acre of land.
Adorned with beautiful gardens, pathways, multiple decks and
patio spaces as well as a perfect fire pit for roasting
marshmallows and creating memories around the campfire this home
will be a favorite spot to get away from it all. Out building can
be easily converted to casita or bunk house as has water and
electric. Area amenities include splash pad, neighborhood pool,
parks, playgrounds, hiking/biking trails, fishing lake and river
access as well as a private neighborhood beach area. Area is in
early stages of development so get in here quick before prices
soar!
Unit Size
390 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$243
Property Type
House
Property Taxes
$56
HOA Dues
$75
Year Built
2019
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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: 4 months ago (HAR #54515547)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Jul 12, 2021 | Listed by CB&A, Realtors | $94,900 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Make all your lake house dreams come true in this adorable, well appointed, super efficient property. This home away from home is perfect for a weekend retreat, air bnb investment, vacation home or full time living. Tucked away in your own little piece of East Texas thicket is this super quiet home on a 1/4 acre of land. Adorned with beautiful gardens, pathways, multiple decks and patio spaces as well as a perfect fire pit for roasting marshmallows and creating memories around the campfire this home will be a favorite spot to get away from it all. Out building can be easily converted to casita or bunk house as has water and electric. Area amenities include splash pad, neighborhood pool, parks, playgrounds, hiking/biking trails, fishing lake and river access as well as a private neighborhood beach area. Area is in early stages of development so get in here quick before prices soar!
| |||
Property Highlights
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
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Sold On
Sold On
HOA + Taxes
About Liberty
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kristin Gyldenege, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 54515547
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Last Updated: 4 months ago
Data Source: HAR , MLS# 54515547
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