$550,000 Last Listed Price
●
House -
Off Market
1114 Ridgecrossing Lane
Houston, TX 77077
3 Beds
2 Baths,
1
Half Bath
3,319 Ft²
$643,524
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Pride of ownership abounds with this stunning bright and open home
that is perfect for entertaining. Gleaming hardwood floors with 20
foot ceilings & arches in the formal living & dining rooms. A grand
staircase with custom iron railing. Large updated kitchen w/freshly
painted white cabinets & a new dishwasher (April 2021) opens to a
large breakfast room w/built-ins which flows into a large open den
with fireplace & more built-ins. A game room up is a great place to
gather & watch TV. A distinguished primary suite w/update primary
bath (Sept 2019). Study with built-ins & leaded glass French doors.
Plantation shutters throughout. 2 covered patios, one off the back
of the house & a second off the breakfast room. Garage received
epoxy floors & storage racks (April 2016). 2 water heaters replaced
(Aug 2016). Painted exterior, replaced fence & window seals, added
pathways on both sides of house with pavers & decorative rocks (Oct
2018). Freshened up landscaping (March 2021).
Unit Size
3,319 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$166
Property Type
House
Property Taxes
$1,065
HOA Dues
$208
Year Built
2001
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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 #3390830)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2021 | Sold | ||
| Sold | |||
| May 4, 2021 | Listed by Douglas Elliman Real Estate | $550,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Pride of ownership abounds with this stunning bright and open home that is perfect for entertaining. Gleaming hardwood floors with 20 foot ceilings & arches in the formal living & dining rooms. A grand staircase with custom iron railing. Large updated kitchen w/freshly painted white cabinets & a new dishwasher (April 2021) opens to a large breakfast room w/built-ins which flows into a large open den with fireplace & more built-ins. A game room up is a great place to gather & watch TV. A distinguished primary suite w/update primary bath (Sept 2019). Study with built-ins & leaded glass French doors. Plantation shutters throughout. 2 covered patios, one off the back of the house & a second off the breakfast room. Garage received epoxy floors & storage racks (April 2016). 2 water heaters replaced (Aug 2016). Painted exterior, replaced fence & window seals, added pathways on both sides of house with pavers & decorative rocks (Oct 2018). Freshened up landscaping (March 2021).
| |||
Property Highlights
Air Conditioning
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 Westside
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Listed by: Nicholas Moncada, Douglas Elliman Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 3390830
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Last Updated: 5 months ago
Data Source: HAR , MLS# 3390830
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