$470,000 Last Listed Price
●
House -
Off Market
10603 Summer Glade Lane
Cypress, TX 77433
3 Beds
2 Baths,
1
Half Bath
2,383 Ft²
$494,899
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Fabulous 1-story 3 bedroom 2.5 bath home is located in a gated
section of the master planned community of Towne Lake. Home
features classic neutral paint & hardwood floors throughout the
main living areas. Gorgeous wood beams & vaulted ceilings in the
family room. The open kitchen, family room, and dining room make it
a perfect home for entertaining guests and family. Relax in your
owner's retreat that is tucked away from the other bedrooms,
granting an abundance of privacy. Enjoy your mornings and evenings
sitting outside on your extended covered patio with an outdoor
kitchen, TV and fireplace. Front lawn maintained by HOA. Community
offers 2 clubhouses with work out gyms and pools.
Unit Size
2,383 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$197
Property Type
House
Property Taxes
$1,292
HOA Dues
$225
Year Built
2017
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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: 6 months ago (HAR #20147550)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2023 | Listed by Houston Elite Properties LLC | $560,000 | |
| Listed by Houston Elite Properties LLC | |||
| | |||
|
Located at Cul-De-Sac/Corner. This cozy and inviting residence is a haven of comfort. The spacious living room with its abundant natural light, an open kitchen and dining area, and a warm master bedroom are just a few highlights of this delightful home. The kitchen, complete with a granite-topped island, pendant lights, and stainless steel appliances, is a culinary haven that seamlessly connects to the living area. The master bedroom is a peaceful retreat, featuring large windows, a tray ceiling with a ceiling fan, ensuring restful nights and serene mornings. Venture outside to the covered patio, equipped with an outdoor kitchen and a cozy fireplace. The backyard offers a lush expanse of green grass, providing ample space for outdoor fun and relaxation. This lovely home is situated in a vibrant community with a waterpark for summer splashes, a tennis court for active fun, and a serene lake for peaceful reflection. This house offers not just a place to live but a complete lifestyle.
| |||
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Listed by Martha Turner Sotheby's | $470,000 | |
| Listed by Martha Turner Sotheby's | |||
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
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Listed On
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Closing Price
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About Harris
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Listed by: Kimberly Phillips, Martha Turner Sotheby's
Last Updated: 6 months ago
Data Source: HAR , MLS# 20147550
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Last Updated: 6 months ago
Data Source: HAR , MLS# 20147550
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