$268,500 Last Listed Price
●
House -
Off Market
1051 Luke Drive
Alvin, TX 77511
3 Beds
2 Baths
2,554 Ft²
$352,765
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Gorgeous well maintained home on a corner lot in Forest Heights
Subdivision offers space, flexibility and comfort. This home
features an open - concept spacious family room adjoined by the
kitchen with island and breakfast area, which would be perfect for
family gatherings. Separate home office which allows you the
perfect setting to work from home. Master bedroom includes a
spacious master bath and a large walk in closet. Included 2 great
size bedrooms, closets and a large hall bath. An added
feature is separate indoor playroom just for the kiddos to have
their own indoor space. Upstairs you enter into a bonus area,
perfect for game room or workout equipment. Two separate deck attic
spaces great for lots of storage. The back yard has a covered patio
with large concrete deck to create the perfect entertaining space
and a large side yard, with playset included. Mature trees with
lots of shading. Neighborhood park and pond within walking
distance. This home won't last!
Unit Size
2,554 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$105
Property Type
House
Property Taxes
$556
HOA Dues
$17
Year Built
2006
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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 #57256438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by eXp Realty, LLC | $309,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
This Beautiful home has alot to offer! Upon entering you will see the office flowing into the open floor plan leading to the kitchen and living area . The primary bedroom has a seperate tub and shower with double sinks and very spacious walk in closet! An added feature is seperate indoor playroom or anything you would like it to be. Upstairs you enter into a bonus area, perfect for game room or workout equipment, the opportunities are endless! The backyard has a covered patio with large concrete deck perfect for entertaining. Schedule your private showing today!
| |||
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Sep 19, 2020 | Listed by Coldwell Banker Realty | $268,500 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Gorgeous well maintained home on a corner lot in Forest Heights Subdivision offers space, flexibility and comfort. This home features an open - concept spacious family room adjoined by the kitchen with island and breakfast area, which would be perfect for family gatherings. Separate home office which allows you the perfect setting to work from home. Master bedroom includes a spacious master bath and a large walk in closet. Included 2 great size bedrooms, closets and a large hall bath. An added feature is separate indoor playroom just for the kiddos to have their own indoor space. Upstairs you enter into a bonus area, perfect for game room or workout equipment. Two separate deck attic spaces great for lots of storage. The back yard has a covered patio with large concrete deck to create the perfect entertaining space and a large side yard, with playset included. Mature trees with lots of shading. Neighborhood park and pond within walking distance. This home won't last!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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HOA + Taxes
About Forest Heights
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Listed by: Joyce Tolliver, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 57256438
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Last Updated: 5 months ago
Data Source: HAR , MLS# 57256438
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