$424,900 Last Listed Price
●
House -
Off Market
1118 Stonecrest Drive
Houston, TX 77018
3 Beds
2 Baths
1,548 Ft²
$430,723
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Classic ranch style home located in Shepherd Forest. Nicely updated
kitchen and open floor plan. Garage has been converted to an formal
dining area which could be used as home office or game-room. Chef's
style kitchen features Quartzite countertops, SS appliances, gas
cook top range, double ovens, soft close drawers/cabinets and
designer subway tile backsplash. Recent updates by current owner-
HVAC-2019. Roof-2019. Previous updates include French drains,
double pane windows and in-home PEX piping-per previous seller.
Well appointed bedrooms and oversized utility room in the
home. Utility room has additional storage throughout and
space for a secondary refrigerator or freezer. Fully fenced
backyard provides ample space for children and/or pets. The
location allows easy access to area restaurant's, bars, shopping,
parks and downtown.
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$274
Property Type
House
Property Taxes
$666
HOA Dues
-
Year Built
1955
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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: 4 months ago (HAR #41406053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Mar 8, 2022 | Listed by Beth Wolff, REALTORS | $424,900 | |
| Listed by Beth Wolff, REALTORS | |||
| | |||
|
Classic ranch style home located in Shepherd Forest. Nicely updated kitchen and open floor plan. Garage has been converted to an formal dining area which could be used as home office or game-room. Chef's style kitchen features Quartzite countertops, SS appliances, gas cook top range, double ovens, soft close drawers/cabinets and designer subway tile backsplash. Recent updates by current owner- HVAC-2019. Roof-2019. Previous updates include French drains, double pane windows and in-home PEX piping-per previous seller. Well appointed bedrooms and oversized utility room in the home. Utility room has additional storage throughout and space for a secondary refrigerator or freezer. Fully fenced backyard provides ample space for children and/or pets. The location allows easy access to area restaurant's, bars, shopping, parks and downtown.
| |||
| Apr 15, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | Listed by Michael William Properties | $425,000 | |
| Listed by Michael William Properties | |||
| | |||
|
Thoughtfully updated home nestled on an oversized lot in Shepherd Forest offers a sought after open floor plan while emanating charm of the original build. Re-imagined interior boasts harmonious flow for entertaining or every day living, while the bedrooms are tucked away for privacy. Chef’s kitchen features quartzite counters, Kenmore stainless steel appliances, and soft close cabinetry. Updates such as new PEX plumbing, french drainage, and double-paned windows maximize efficiency, complimented by an expansive backyard that could readily fit a playset, pool, and more.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Houston
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Listed by: Shayne Stinson, Beth Wolff, REALTORS
Last Updated: 4 months ago
Data Source: HAR , MLS# 41406053
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Last Updated: 4 months ago
Data Source: HAR , MLS# 41406053
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