$815,000 Last Listed Price
●
House -
Off Market
1031 Candlelight Lane
Houston, TX 77018
4 Beds
2 Baths,
1
Half Bath
2,354 Ft²
$5,126
Est. Monthly
About This Property
Meticulously updated 4-bedroom, 2.5-bath gem in Shepherd Park
Plaza! This beautiful, single-story home features an open concept
design, with generously sized living spaces and updates throughout.
The living room, with its vaulted ceiling and cozy gas log
fireplace, flows into the dining and breakfast areas. The updated
kitchen (2023) impresses with quartz countertops, custom cabinets,
a large island, subway tile backsplash, stainless steel appliances
and double oven. The primary suite features updated bathroom (2022)
with double vanities, oversized walk-in shower, and two walk-in
closets. Secondary bedrooms are well-sized with large closets,
sharing an updated bath with dual sinks. Sizeable, private backyard
oasis boasts low-maintenance turf and a new fence (2024).
Additional features include fresh paint, a 3-car garage, and a long
private driveway with a security gate, PEX plumbing system (2021),
recent roof (2022) and hot water heater (2021). *All updates per
seller.
Unit Size
2,354 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$346
Property Type
House
Property Taxes
$1,123
HOA Dues
-
Year Built
1972
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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 #21145829)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | $815,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | |||
| | |||
|
Meticulously updated 4-bedroom, 2.5-bath gem in Shepherd Park Plaza! This beautiful, single-story home features an open concept design, with generously sized living spaces and updates throughout. The living room, with its vaulted ceiling and cozy gas log fireplace, flows into the dining and breakfast areas. The updated kitchen (2023) impresses with quartz countertops, custom cabinets, a large island, subway tile backsplash, stainless steel appliances and double oven. The primary suite features updated bathroom (2022) with double vanities, oversized walk-in shower, and two walk-in closets. Secondary bedrooms are well-sized with large closets, sharing an updated bath with dual sinks. Sizeable, private backyard oasis boasts low-maintenance turf and a new fence (2024). Additional features include fresh paint, a 3-car garage, and a long private driveway with a security gate, PEX plumbing system (2021), recent roof (2022) and hot water heater (2021). *All updates per seller.
| |||
Property Highlights
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 North Houston
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Listed by: Donna Nisenson, Better Homes and Gardens Real Estate Gary Greene - West Gray
Last Updated: 5 months ago
Data Source: HAR , MLS# 21145829
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Last Updated: 5 months ago
Data Source: HAR , MLS# 21145829
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