11818 Oakcroft Drive
About This Property
sq ft 4 bedroom, 2 full bath, 2 half bath home sits in the middle of Lakewood Forest. The
primary bedroom/bathroom is located on the first floor with 2 bedrooms located upstairs. Sit
out back on your patio and relax as you swim in your sparkling swimming pool. There is plenty
of parking with the circle driveway. The home was fully renovated in June 2020 including new
pex plumbing, new electrical, new AC/ducts/furnace, new water heater, new gutters, new interior
& exterior paint, pool re-plastered with new pool equipment, new fence, complete interior
remodeled, kitchen with quartz countertops. Existing sprinkler system in place. Home has never
flooded. Two AC units, one 2020 and one 2011. This home is located 3 miles from Vintage Park
& 8 miles from The Boardwalk Towne Lake shopping center. The online pics are beautiful, but
this is a home that must be seen in person.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2024 | No longer available | - | |
| No longer available | |||
| Jan 12, 2024 | Price Decreased |
$409,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Dec 28, 2023 | Price Decreased |
$415,000
↓ $35K
(7.8%) | |
| Price Decreased | |||
| Sep 25, 2023 | Listed by Divvy Realty | $450,000 | |
| Listed by Divvy Realty | |||
| | |||
|
Nestled in a tranquil Houston neighborhood, 11818 Oakcroft Drive is a charming family home that effortlessly combines suburban serenity with city convenience. This meticulously maintained residence offers a warm and inviting atmosphere, with its well-manicured gardens, lush lawns, and mature trees providing delightful curb appeal. Inside, an open-concept living and dining area create an ideal space for daily living and entertaining, while the kitchen features modern appliances perfect for culinary enthusiasts.Stepping into the backyard reveals a spacious retreat, perfect for outdoor gatherings, gardening, or relaxation. Conveniently located near parks, shopping, dining, and entertainment, this home offers accessibility and recreational opportunities. Meticulously cared for and move-in ready, it eagerly awaits new residents. Don't miss the chance to make this your dream home.
| |||
| Jun 15, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017