$419,000 Last Listed Price
●
House -
Off Market
6507 Palo Duro Drive
Manvel, TX 77578
4 Beds
3 Baths
2,822 Ft²
$416,386
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Beautifully maintained 4 BR 3 BA 4 car garage home in the Lakeland
Subdivision. Great for entertaining!!
Not only does this home have an amazing, covered porch in the backyard, complete with fans and outlets by the ceiling (hurricane proof per seller), it also has a ton of storage! If you have a loved one that needs a little more room to get around, this home could be the one. The front of the home is modified for ADA use. The doors are wider, the bathroom beside the front bedroom has wider doors, a roll-in shower, and a higher commode. The kitchen is super spacious with an island in the middle that still allows for plenty of room for someone that has a walker/Wheelchair. Also, there is a guest suite. The garage is huge with an extra garage door at the back for a golf cart. The top floor of the garage has a floor and electricity and is currently being used as storage. ** Seller is offering $12,000 for 2/1 rate buy down.
Not only does this home have an amazing, covered porch in the backyard, complete with fans and outlets by the ceiling (hurricane proof per seller), it also has a ton of storage! If you have a loved one that needs a little more room to get around, this home could be the one. The front of the home is modified for ADA use. The doors are wider, the bathroom beside the front bedroom has wider doors, a roll-in shower, and a higher commode. The kitchen is super spacious with an island in the middle that still allows for plenty of room for someone that has a walker/Wheelchair. Also, there is a guest suite. The garage is huge with an extra garage door at the back for a golf cart. The top floor of the garage has a floor and electricity and is currently being used as storage. ** Seller is offering $12,000 for 2/1 rate buy down.
Unit Size
2,822 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$148
Property Type
House
Property Taxes
$929
HOA Dues
$43
Year Built
2014
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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 #65403693)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Wyatt Realty Group, Inc. | $419,000 | |
| Listed by Wyatt Realty Group, Inc. | |||
| | |||
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Beautifully maintained 4 BR 3 BA 4 car garage home in the Lakeland Subdivision. Great for entertaining!!
Not only does this home have an amazing, covered porch in the backyard, complete with fans and outlets by the ceiling (hurricane proof per seller), it also has a ton of storage! If you have a loved one that needs a little more room to get around, this home could be the one. The front of the home is modified for ADA use. The doors are wider, the bathroom beside the front bedroom has wider doors, a roll-in shower, and a higher commode. The kitchen is super spacious with an island in the middle that still allows for plenty of room for someone that has a walker/Wheelchair. Also, there is a guest suite. The garage is huge with an extra garage door at the back for a golf cart. The top floor of the garage has a floor and electricity and is currently being used as storage. ** Seller is offering $12,000 for 2/1 rate buy down.
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Manvel
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Listed by: Marnie Wyatt, Wyatt Realty Group, Inc.
Last Updated: 5 months ago
Data Source: HAR , MLS# 65403693
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Last Updated: 5 months ago
Data Source: HAR , MLS# 65403693
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