$575,000 Last Listed Price
●
House -
Off Market
700 5th Street
Bay City, TX 77414
4 Beds
4 Baths,
2
Half Baths
5,803 Ft²
$3,783
Est. Monthly
About This Property
This spacious, stately home is centered on a full city block.
The mature oak trees create a "park like" atmosphere where
birds and squirrels abound. The entrance of this home
possesses a grand spiral staircase with curved walls extending to
the second floor. The entrance opens to a large
living room with fireplace, dining room and warm welcoming
den/family room also with a fireplace. The kitchen and
breakfast area are loaded with storage, a china cabinet, large
pantry and 2 locked silver closets. The utility room
completes this area with ample storage, sink and work surface.
To access the second floor an elevator is located in the
hallway. The second floor boasts of 3 bedrooms with 3 full
baths and large closets. This floor also has small room with
a desk and a "bonus room". The 5 car garage includes a
wall of storage rooms and ½ bath. Off the garage is the
former maid quarters which includes a bedroom and full bath with
its own private entrance.
Unit Size
5,803 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$99
Property Type
House
Property Taxes
$960
HOA Dues
-
Year Built
1954
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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: 6 months ago (HAR #45181236)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2022 | Listed by Ward Real Estate, Inc | $575,000 | |
| Listed by Ward Real Estate, Inc | |||
| | |||
|
This spacious, stately home is centered on a full city block. The mature oak trees create a “park like” atmosphere where birds and squirrels abound. The entrance of this home possesses a grand spiral staircase with curved walls extending to the second floor. The entrance opens to a large living room with fireplace, dining room and warm welcoming den/family room also with a fireplace. The kitchen and breakfast area are loaded with storage, a china cabinet, large pantry and 2 locked silver closets. The utility room completes this area with ample storage, sink and work surface. To access the second floor an elevator is located in the hallway. The second floor boasts of 3 bedrooms with 3 full baths and large closets. This floor also has small room with a desk and a “bonus room”. The 5 car garage includes a wall of storage rooms and ½ bath. Off the garage is the former maid quarters which includes a bedroom and full bath with its own private entrance.
| |||
Property Highlights
Elevator
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Bay City
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Listed by: Leta Renee Ward, Ward Real Estate, Inc
Last Updated: 6 months ago
Data Source: HAR , MLS# 45181236
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Last Updated: 6 months ago
Data Source: HAR , MLS# 45181236
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