$460,500
●
House -
Off Market
605 Prosperity Trail
Rockwall, TX 75087
3 Beds
0 Bath
1,911 Ft²
$2,631
Est. Monthly
$154
HOA / Fees
4.80%
Cap Rate
About This Property
Beginning a fresh life chapter? Journey to The Standard, a 55+
Community in Rockwall, thoughtfully situated near Shopping and
Dining. Unearth meticulously designed floorplans and lawn care for
carefree living. Step into The Allure, an open layout designed for
daily ease and grand gatherings. Delight in the gourmet kitchen
with quartz countertops, Stainless Appliances, a gas range, and
ample cabinetry. The spacious Living and Dining Room, adorned with
charming vigas and a gas fireplace, welcomes cherished moments.
Your Master Suite becomes your haven with a trayed ceiling, a
luxurious bath housing dual sinks, an oversized walk-in shower, and
a roomy closet. Two more bedrooms, one ideally suited as a home
office, round out the home. Complete with a 2 Car Garage, Covered
Patio, and Wrought Iron Fencing, this exceptional residence
harmonizes convenience and elegance. The Standard is where dreams
evolve and the pursuit of excellence finds its dwelling. Come,
experience it yourself.
Unit Size
1,911 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$248
Property Type
House
Property Taxes
$146
HOA Dues
$154
Year Built
-
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Cap Rate Calculator
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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: 3 years ago (NTREIS #20438905)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Feb 13, 2024 | Listed by Coldwell Banker Residential | $474,500 | |
| Listed by Coldwell Banker Residential | |||
| | |||
|
Beginning a fresh life chapter? Journey to The Standard, a 55+ Community in Rockwall, thoughtfully situated near Shopping and Dining. Unearth meticulously designed floorplans and lawn care for carefree living. Step into The Allure, an open layout designed for daily ease and grand gatherings. Delight in the gourmet kitchen with quartz countertops, Stainless Appliances, a gas range, and ample cabinetry. The spacious Living and Dining Room, adorned with charming vigas and a gas fireplace, welcomes cherished moments. Your Master Suite becomes your haven with a trayed ceiling, a luxurious bath housing dual sinks, an oversized walk-in shower, and a roomy closet. Two more bedrooms, one ideally suited as a home office, round out the home. Complete with a 2 Car Garage, Covered Patio, and Wrought Iron Fencing, this exceptional residence harmonizes convenience and elegance. The Standard is where dreams evolve and the pursuit of excellence finds its dwelling. Come, experience it yourself. The manager has listed the unit size as 1911 square feet.
| |||
| Sep 25, 2023 | Listed by Coldwell Banker Realty | $474,500 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Eastshore
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Listed by: Aidan Flores, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20438905
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20438905
Details provided by NTREIS and may not match the public record
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