$230,000 Last Listed Price
●
House -
Off Market
10018 Rustic Gate Road
La Porte, TX 77571
3 Beds
2 Baths
1,562 Ft²
$1,628
Est. Monthly
$10
HOA / Fees
About This Property
This meticulously maintained 3-bedroom, 2-bath home in the heart of
Fairmont Park offers both convenience and comfort. The spacious
living room, with its vaulted ceiling, is bathed in natural light,
creating a warm and inviting atmosphere. The open-concept design
seamlessly connects the living area to the well-appointed kitchen
and dining space, making it ideal for everyday living and
entertaining. The home also features a garage conversion, providing
a versatile space that can be used as a flex area or home office.
Step outside to relax in the covered, screened patio-perfect for
outdoor gatherings. With a short commute to shopping centers,
diverse dining options, and essential stores, this home is ideally
situated. Commuters will appreciate the easy access to Beltway 8
and major highways, making travel to work or other destinations a
breeze.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$147
Property Type
House
Property Taxes
$488
HOA Dues
$10
Year Built
1978
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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 #77857950)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Relisted | $230,000 | |
| Relisted | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Real Broker, LLC | $230,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
This meticulously maintained 3-bedroom, 2-bath home in the heart of Fairmont Park offers both convenience and comfort. The spacious living room, with its vaulted ceiling, is bathed in natural light, creating a warm and inviting atmosphere. The open-concept design seamlessly connects the living area to the well-appointed kitchen and dining space, making it ideal for everyday living and entertaining. The home also features a garage conversion, providing a versatile space that can be used as a flex area or home office. Step outside to relax in the covered, screened patio—perfect for outdoor gatherings. With a short commute to shopping centers, diverse dining options, and essential stores, this home is ideally situated. Commuters will appreciate the easy access to Beltway 8 and major highways, making travel to work or other destinations a breeze.
| |||
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Property Highlights
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 Fairmont Park West
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Listed by: Sandra Paul, Real Broker, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 77857950
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Last Updated: 5 months ago
Data Source: HAR , MLS# 77857950
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