$32,000 Last Listed Price
●
Land -
Off Market
876 Ferguson Dr Drive
Cleveland, TX 77327
Studio
0 Bath
$365
Est. Monthly
$137
HOA / Fees
About This Property
Enjoy 2000 acres of pristine beauty in The Preserve's private,
gated community. Cleared lot in a prime location surrounded by
majestic trees. Ideal for a weekend getaway, a home base for your
RV, or year-round living. Caliche driveway, water/sewer & RV hookup
w/metal canopy (42'x24'). No mow, no maintenance, artificial turf
under the canopy – makes a great place to gather in the shade. Shed
(30'X13') w/ additional lofted storage, electricity, CF/light &
porch. Additional double door (18'X13') shed w/ W/D
connections. Feel yourself unwind as you sip your coffee on the
covered porch. toast marshmallows by the fire pit,or drop in a line
at one of the 5 stocked lakes. Stargaze as you toast
marshmallows around the fire pit. Walking distance to the community
fishing pier on the 50-acre Lake Horseshoe. Stay cool at the splash
pad or take a dip in one of the 4 pools. Walk miles of white
sandy beach along the Trinity River. More than just a place to call
home, it's a lifestyle
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$71
HOA Dues
$137
Year Built
2011
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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 #41359007)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by Keller Williams Realty Northeast | $32,000 | |
| Listed by Keller Williams Realty Northeast | |||
| | |||
|
Enjoy 2000 acres of pristine beauty in The Preserve's private, gated community. Cleared lot in a prime location surrounded by majestic trees. Ideal for a weekend getaway, a home base for your RV, or year-round living. Caliche driveway, water/sewer & RV hookup w/metal canopy (42'x24'). No mow, no maintenance, artificial turf under the canopy – makes a great place to gather in the shade. Shed (30’X13’) w/ additional lofted storage, electricity, CF/light & porch. Additional double door (18’X13’) shed w/ W/D connections. Feel yourself unwind as you sip your coffee on the covered porch. toast marshmallows by the fire pit,or drop in a line at one of the 5 stocked lakes. Stargaze as you toast marshmallows around the fire pit. Walking distance to the community fishing pier on the 50-acre Lake Horseshoe. Stay cool at the splash pad or take a dip in one of the 4 pools. Walk miles of white sandy beach along the Trinity River. More than just a place to call home, it’s a lifestyle
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Liberty
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Listed by: Diane Bowdoin, Keller Williams Realty Northeast
Last Updated: 4 months ago
Data Source: HAR , MLS# 41359007
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Last Updated: 4 months ago
Data Source: HAR , MLS# 41359007
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