$539,000 Last Listed Price
●
Condo -
Off Market
11131 Mccracken Circle #F
Cypress, TX 77429
Studio
0 Bath,
2
Half Baths
2,700 Ft²
$560,581
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Please see documents link in this listing for floor plan with
office sizes. 2700 sf office condominium for sale. Unit
has 7 offices with two entrances. One of the executive
offices has built in cabinets, while the other has its own private
covered entrance. The unit also includes a spacious reception
/ waiting area, breakroom, 2 restrooms, ample storage, and a
beautiful glass walled conference room.
Close proximity to HWY 249 provides easy access to beltway 8, Grand Parkway and 290.
Unit is configured as such that it could easily be divided into 2 separate units, each with its own restroom, breakroom, and climate controls.
Floorplan / measurements are approximate. Buyer should verify.
Close proximity to HWY 249 provides easy access to beltway 8, Grand Parkway and 290.
Unit is configured as such that it could easily be divided into 2 separate units, each with its own restroom, breakroom, and climate controls.
Floorplan / measurements are approximate. Buyer should verify.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$200
Property Type
Condo
Property Taxes
$242
HOA Dues
$700
Year Built
-
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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 #78893400)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Coldwell Banker Realty, Cy-Fair Office | $539,000 | |
| Listed by Coldwell Banker Realty, Cy-Fair Office | |||
| | |||
|
Please see documents link in this listing for floor plan with office sizes. 2700 sf office condominium for sale. Unit has 7 offices with two entrances. One of the executive offices has built in cabinets, while the other has its own private covered entrance. The unit also includes a spacious reception / waiting area, breakroom, 2 restrooms, ample storage, and a beautiful glass walled conference room.
Close proximity to HWY 249 provides easy access to beltway 8, Grand Parkway and 290.
Unit is configured as such that it could easily be divided into 2 separate units, each with its own restroom, breakroom, and climate controls.
Floorplan / measurements are approximate. Buyer should verify.
| |||
Property Highlights
Parking Details
Parking Features: RV Access/Parking, Unassigned
Interior Details
Half Bathrooms: 2
Flooring Type: Carpet, Engineered Wood
Exterior Details
Has Property Attached
Square Footage: 2700
Architectural Style: Traditional
Year Built: 2008
Building Area Total: 2700
Levels: One
Construction Materials: Brick
Lot Size Area: 0.0579
Lot Size Units: Acres
Lot Size Acres: 0.0579
Lot Size Square Feet: 2522
Water Source: Water District
Financial Details
Tax Annual Amount: $2,899
Utilities Details
Cooling Type: Gas
Heating Type: Electric
Location Details
HOA Fee: $700
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/27/2022
|
Studio
|
2 Bath
|
2700 ft²
|
$539,000
Studio
2 Bath
2700 ft²
|
$550,000
+2.04%
09/15/2022
|
Nancy Ware
Coldwell Banker Realty - CyFair
|
Building Info
About Mill Ridge North
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Listed by: Nancy Ware, Coldwell Banker Realty, Cy-Fair Office
Last Updated: 5 months ago
Data Source: HAR , MLS# 78893400
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Last Updated: 5 months ago
Data Source: HAR , MLS# 78893400
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