812 Ruidoso Dr, Saginaw, Texas, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$289,000

812 Ruidoso Dr
Saginaw, Texas, United States

3bd 2ba

Listed By: Realtyww Info

Listed On: 08/17/2024

Listing ID: GL11576852 View More Details

Description

Investor Special!! This is a beautiful 3 bedroom 2 bathroom single family home. This property has a lease agreement in place until 8-31-2025 at a lease rate being $2, 150. This property features a new roof installed on February 2023, new hot water heater installed June 2023, updated flooring and fixtures, large bedrooms, a converted garage that expands the living room and an oversized laundry room. This is a calculated cap rate based on pure rents associated to the list price being 8.89% ($2, 150 x 12 months = $25, 800 pure rent in a 1-year term accrued, divided by sales price being $289, 000 = 8.89% Cap Rate).

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Listed by: Jonathan Beaman