$475,000 Last Listed Price
●
House -
Off Market
6115 Grace Falls Drive
Richmond, TX 77407
4 Beds
3 Baths
2,800 Ft²
$481,510
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
MULTIPLE OFFERS RECEIVED, NO FURTHER SHOWINGS Charming,
sought-after 1 story home nestled in the master planned community
of Long Meadow Farms. This recent construction gem was built
by Highland Homes and features 4 bedrooms, 3 full bathrooms + study
and dining room. The open living area, breakfast and kitchen
area are bathed with natural light from the walls of windows.
The oversized kitchen has abundant storage and workspace with
an eat-in island! The study has glass French doors and great
flexibility as a game room too. A few of the recent upgrades
include: automatic shades, plantation shutters, extended patio and
landscaping, utility room cabinetry, light fixtures, pendant
lights, trash bin plus quartz countertops + plumbing fixtures in
the secondary bathrooms. Note that there are 3 pools + a fitness
center and clubhouse for Long Meadow Farms residents. (See floor
plan and features sheets under Documents)
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$170
Property Type
House
Property Taxes
$835
HOA Dues
$73
Year Built
2018
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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 #17527217)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by BHGRE Gary Greene | $475,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
MULTIPLE OFFERS RECEIVED, NO FURTHER SHOWINGS Charming, sought-after 1 story home nestled in the master planned community of Long Meadow Farms. This recent construction gem was built by Highland Homes and features 4 bedrooms, 3 full bathrooms + study and dining room. The open living area, breakfast and kitchen area are bathed with natural light from the walls of windows. The oversized kitchen has abundant storage and workspace with an eat-in island! The study has glass French doors and great flexibility as a game room too. A few of the recent upgrades include: automatic shades, plantation shutters, extended patio and landscaping, utility room cabinetry, light fixtures, pendant lights, trash bin plus quartz countertops + plumbing fixtures in the secondary bathrooms. Note that there are 3 pools + a fitness center and clubhouse for Long Meadow Farms residents. (See floor plan and features sheets under Documents)
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
Listed On
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Sold On
HOA + Taxes
About Fort Bend
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Listed by: Lynette Lew, BHGRE Gary Greene
Last Updated: 4 months ago
Data Source: HAR , MLS# 17527217
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Last Updated: 4 months ago
Data Source: HAR , MLS# 17527217
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