$33,000 Last Listed Price
●
Land -
Off Market
605 Road 5202
Cleveland, TX 77327
Studio
0 Bath
$237
Est. Monthly
$13
HOA / Fees
About This Property
Welcome to 605 Road 5202, a hidden gem nestled in the heart of
tranquility. This property offers a generous lot size of 9583
square feet, providing ample space for your dream home. But here's
where it gets even more exciting - right next door, 595 Road 5202
is also available for sale. Imagine the possibilities of owning
both properties, effectively doubling your lot size. Whether you
envision a cozy cottage or a modern architectural masterpiece, the
possibilities are endless with this unique opportunity. Don't miss
this chance to own this property and consider the potential of
combining the two properties to create your perfect oasis. What's
more, you'll love the convenience of this location. Just a couple
of minutes from Highway 99, your new home offers easy access to
transportation and all that the area has to offer. Reach out for
more details and seize this incredible opportunity.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
HOA Dues
$13
Year Built
-
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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 #97185773)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Jan 14, 2024 | Listed by Kodu Realty, LLC | $33,000 | |
| Listed by Kodu Realty, LLC | |||
| | |||
|
Welcome to 605 Road 5202, a hidden gem nestled in the heart of tranquility. This property offers a generous lot size of 9583 square feet, providing ample space for your dream home. But here's where it gets even more exciting - right next door, 595 Road 5202 is also available for sale. Imagine the possibilities of owning both properties, effectively doubling your lot size. Whether you envision a cozy cottage or a modern architectural masterpiece, the possibilities are endless with this unique opportunity. Don't miss this chance to own this property and consider the potential of combining the two properties to create your perfect oasis. What's more, you'll love the convenience of this location. Just a couple of minutes from Highway 99, your new home offers easy access to transportation and all that the area has to offer. Reach out for more details and seize this incredible opportunity.
| |||
Property Highlights
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 Liberty
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Eleny-Ly Ruiz, Kodu Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 97185773
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Last Updated: 4 months ago
Data Source: HAR , MLS# 97185773
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