$849,500 Last Listed Price
●
House -
Off Market
1202 King Street
Sugar Land, TX 77478
4 Beds
3 Baths,
1
Half Bath
3,154 Ft²
$901,223
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Premier, waterfront location in the gated community of Lake Pointe
Commons in the heart of Sugar Land. This freestanding 3-story home
features open living spaces on the 1st floor, 4 bedrooms and 3.5
bathrooms with a game room. The open floorplan is perfect for
entertaining family and friends. The kitchen boasts stainless steel
appliances, double ovens, custom cabinets, under-counter lighting,
an oversized wine refrigerator, a cappuccino machine, and a
5-burner gas stove with a pot filler. In the family room, you
will find built-in bookcases on both sides of the gas fireplace, an
11-foot coffered ceiling, and beautiful wood floors. LED lighting
and upgraded ceiling fans throughout. Electric window shades (light
and darkening) with remotes. There is a large game room on the
third floor with a wet bar, beverage fridge and ice maker. Brick
patio with outstanding sunset views across the lake. Community pool
and is within walking distance to restaurants and shopping.
Unit Size
3,154 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$269
Property Type
House
Property Taxes
$1,379
HOA Dues
$268
Year Built
2014
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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 #44738838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Berkshire Hathaway HomeServices Premier Properties | $849,500 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| | |||
|
Premier, waterfront location in the gated community of Lake Pointe Commons in the heart of Sugar Land. This freestanding 3-story home features open living spaces on the 1st floor, 4 bedrooms and 3.5 bathrooms with a game room. The open floorplan is perfect for entertaining family and friends. The kitchen boasts stainless steel appliances, double ovens, custom cabinets, under-counter lighting, an oversized wine refrigerator, a cappuccino machine, and a 5-burner gas stove with a pot filler. In the family room, you will find built-in bookcases on both sides of the gas fireplace, an 11-foot coffered ceiling, and beautiful wood floors. LED lighting and upgraded ceiling fans throughout. Electric window shades (light and darkening) with remotes. There is a large game room on the third floor with a wet bar, beverage fridge and ice maker. Brick patio with outstanding sunset views across the lake. Community pool and is within walking distance to restaurants and shopping.
| |||
Property Highlights
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 Lake Pointe
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Listed by: Brenda Duane, Berkshire Hathaway HomeServices Premier Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 44738838
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Last Updated: 5 months ago
Data Source: HAR , MLS# 44738838
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