$700,000 Last Listed Price
●
House -
Off Market
11131 Mayberry Heights Drive
Cypress, TX 77433
4 Beds
3 Baths,
1
Half Bath
3,445 Ft²
$716,160
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
A remarkable Drees Homes Palmetto plan which offers an expansive 4
bedroom, 3.5 bath, one-story with a 3 car across garage. The open
concept living area offers a private study retreat with French
doors (which is currently used as a home gym), a casual dining room
that is perfect for entertaining & a gorgeous kitchen. The glass
front ceiling height cabinetry, upgraded backsplash & top of the
line stainless steel appliance package to name a few. A breakfast
area or lounge space is located off of the kitchen & overlooks the
backyard oasis. A great flex area is also located at the rear of
the home & can serve as a playroom or media room. One bedroom suite
is located at the front of the home, two off their own wing & the
primary retreat in the back for ample privacy for all. The Texas
sized patio looks over the oversized private lot that is adorned
with a custom built river & waterfall. This home is located
across from the lake, the sections private splash pad/park & a
private boat marina.
Unit Size
3,445 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$203
Property Type
House
Property Taxes
$1,374
HOA Dues
$142
Year Built
2016
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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 #77420570)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Texas Local Realty, LLC | $700,000 | |
| Listed by Texas Local Realty, LLC | |||
| | |||
|
A remarkable Drees Homes Palmetto plan which offers an expansive 4 bedroom, 3.5 bath, one-story with a 3 car across garage. The open concept living area offers a private study retreat with French doors (which is currently used as a home gym), a casual dining room that is perfect for entertaining & a gorgeous kitchen. The glass front ceiling height cabinetry, upgraded backsplash & top of the line stainless steel appliance package to name a few. A breakfast area or lounge space is located off of the kitchen & overlooks the backyard oasis. A great flex area is also located at the rear of the home & can serve as a playroom or media room. One bedroom suite is located at the front of the home, two off their own wing & the primary retreat in the back for ample privacy for all. The Texas sized patio looks over the oversized private lot that is adorned with a custom built river & waterfall. This home is located across from the lake, the sections private splash pad/park & a private boat marina.
| |||
Property Highlights
Fireplace
Garage
With View
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 Harris
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Listed by: Kristin Kubala, Texas Local Realty, LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 77420570
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Last Updated: 6 months ago
Data Source: HAR , MLS# 77420570
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