$350,000 Last Listed Price
●
House -
Off Market
907 Ferndale Lane
Richmond, TX 77406
4 Beds
2 Baths,
1
Half Bath
2,394 Ft²
$2,405
Est. Monthly
$29
HOA / Fees
6.72%
Cap Rate
About This Property
Welcome to this stunning brick Colonial home in the heart of
Richmond, TX, exuding timeless charm and elegance.
The spacious family room is a true focal point, featuring a floor-to-ceiling brick surround wood-burning fireplace, offering warmth and character to your living space. Enjoy your morning coffee in the bright and welcoming breakfast room, a perfect spot to start your day with natural light. The kitchen is a chef's dream, boasting plenty of counter space, making meal preparation a breeze. Host special gatherings in the formal dining and living rooms, where wood floors and elegant details create an inviting atmosphere for entertaining. Generously sized bedrooms, provide comfortable and private retreats for family or guests. The backyard is your own outdoor oasis with a sparkling pool, covered patio, and a lush grassy area. It's the perfect setting for outdoor relaxation and entertaining.
Don't miss out on making this your home!
The spacious family room is a true focal point, featuring a floor-to-ceiling brick surround wood-burning fireplace, offering warmth and character to your living space. Enjoy your morning coffee in the bright and welcoming breakfast room, a perfect spot to start your day with natural light. The kitchen is a chef's dream, boasting plenty of counter space, making meal preparation a breeze. Host special gatherings in the formal dining and living rooms, where wood floors and elegant details create an inviting atmosphere for entertaining. Generously sized bedrooms, provide comfortable and private retreats for family or guests. The backyard is your own outdoor oasis with a sparkling pool, covered patio, and a lush grassy area. It's the perfect setting for outdoor relaxation and entertaining.
Don't miss out on making this your home!
Unit Size
2,394 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$146
Property Type
House
Property Taxes
$657
HOA Dues
$29
Year Built
1983
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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 #14529109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Jan 17, 2024 | Listed by Keller Williams Realty Metropolitan | $350,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
Welcome to this stunning brick Colonial home in the heart of Richmond, TX, exuding timeless charm and elegance.
The spacious family room is a true focal point, featuring a floor-to-ceiling brick surround wood-burning fireplace, offering warmth and character to your living space. Enjoy your morning coffee in the bright and welcoming breakfast room, a perfect spot to start your day with natural light. The kitchen is a chef's dream, boasting plenty of counter space, making meal preparation a breeze. Host special gatherings in the formal dining and living rooms, where wood floors and elegant details create an inviting atmosphere for entertaining. Generously sized bedrooms, provide comfortable and private retreats for family or guests. The backyard is your own outdoor oasis with a sparkling pool, covered patio, and a lush grassy area. It's the perfect setting for outdoor relaxation and entertaining.
Don't miss out on making this your home!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Pecan Grove
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Listed by: Marta Peralta, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 14529109
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Last Updated: 5 months ago
Data Source: HAR , MLS# 14529109
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