$285,000 Last Listed Price
●
House -
Off Market
11615 Vailrun Drive
Houston, TX 77070
3 Beds
2 Baths
2,058 Ft²
$370,093
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
If you like easy, 1-story living you will be WOWED by this
renovated beauty. It's even pandemic ready, complete with a
custom-built home office and heated pool and spa for quarantine
entertainment! The stately front porch has custom 8 foot mahogany
double doors that welcome you in. Once inside you will find
maintenance free wood-look tile, high ceilings, extensive crown
molding, and an open concept with beverage and serving bars,
PERFECT for your post-Covid parties. There is an abundance of
natural light in this home through the large, new energy efficient
windows. Sellers spared no expense on upgrades which include,
plantation shutters, tall baseboards, new interior and exterior
doors, ship-lapped primary bath and fireplace, new cabinetry
throughout, quartz counter tops, 9 foot kitchen island, stainless
steel double convection oven, gas cook top with pot-filler,
Recessed LED and designer pendant lighting, walk in shower in
primary bath with seamless glass... come fall in love! CFISD!
Unit Size
2,058 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$138
Property Type
House
Property Taxes
$429
HOA Dues
$53
Year Built
1983
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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 #16497156)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Dec 11, 2020 | Listed by HomeSmart Fine Properties | $285,000 | |
| Listed by HomeSmart Fine Properties | |||
| | |||
|
If you like easy, 1-story living you will be WOWED by this renovated beauty. It's even pandemic ready, complete with a custom-built home office and heated pool and spa for quarantine entertainment! The stately front porch has custom 8 foot mahogany double doors that welcome you in. Once inside you will find maintenance free wood-look tile, high ceilings, extensive crown molding, and an open concept with beverage and serving bars, PERFECT for your post-Covid parties. There is an abundance of natural light in this home through the large, new energy efficient windows. Sellers spared no expense on upgrades which include, plantation shutters, tall baseboards, new interior and exterior doors, ship-lapped primary bath and fireplace, new cabinetry throughout, quartz counter tops, 9 foot kitchen island, stainless steel double convection oven, gas cook top with pot-filler, Recessed LED and designer pendant lighting, walk in shower in primary bath with seamless glass... come fall in love! CFISD!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lakewood Forest
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Listed by: Jennifer Jones, HomeSmart Fine Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 16497156
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Last Updated: 4 months ago
Data Source: HAR , MLS# 16497156
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