$260,000 Last Listed Price
●
House -
Off Market
12131 Normont Drive
Houston, TX 77070
4 Beds
3 Baths,
1
Half Bath
3,186 Ft²
$258,378
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Investor Special! Welcome to the beautiful well established
neighborhood of Lakewood Forest which is known for its Majestic Oak
trees, beautifully landscaped medians, quiet surroundings and quick
access to local hike and bike trails. This home is nestled in among
mature trees and expansive private lots. Boasting 3186 sqft, this
home is the perfect opportunity to bring a 1980's home back
to life. There is a large primary bedroom downstairs with on suite
bath, a formal dining room, screened in patio, and 3 bedrooms and 2
baths up. The pool and spa are ready to revive the tropical
paradise. The large bedrooms and extensive storage throughout the
house, including large closets, make this home ideal. The Highly
rated school district of Cy-Fair and nearby Vintage shopping area
is an absolute ideal location! Per seller 2 HVAC and Roof 2016.
Investor Special!
Unit Size
3,186 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$82
Property Type
House
Property Taxes
$504
HOA Dues
$58
Year Built
1982
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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 #15852155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | Listed by Compass RE Texas, LLC - The Heights | $425,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| | |||
|
One-of-a-kind renovation preserves the iconic elements of 1980s Postmodernism architecture / design while incorporating modern day elements with color, material and style. Located in well-established & highly sought after Lakewood Forest zoned to Cy-Fair ISD, this 4/3.5/2 w/ POOL & SPA is open, spacious & bright. A private courtyard entrance leads to amazing art deco style double front doors. The first floor features multi-functional living and dining areas, remodeled kitchen w/ island, incl abundance of counter space & cabinets, granite & SS appliances, sunroom, utility room w/ storage & primary suite. Remodeled primary bath w/ stand alone soaking tub, spacious separate shower & dual vanities. The second floor features 3 bedrooms + 2 full remodeled baths & game room. Backyard Paradise - huge, heated sparkling pool & spa, new sod and landscaping. Too many upgrades to list::: New flooring, fresh paint, updated lighting, plumbing fixtures & hardware throughout, full pool reno & more.
| |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 2, 2022 | Listed by Compass RE Texas, LLC | $260,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Investor Special! Welcome to the beautiful well established neighborhood of Lakewood Forest which is known for its Majestic Oak trees, beautifully landscaped medians, quiet surroundings and quick access to local hike and bike trails. This home is nestled in among mature trees and expansive private lots. Boasting 3186 sqft, this home is the perfect opportunity to bring a 1980's home back to life. There is a large primary bedroom downstairs with on suite bath, a formal dining room, screened in patio, and 3 bedrooms and 2 baths up. The pool and spa are ready to revive the tropical paradise. The large bedrooms and extensive storage throughout the house, including large closets, make this home ideal. The Highly rated school district of Cy-Fair and nearby Vintage shopping area is an absolute ideal location! Per seller 2 HVAC and Roof 2016. Investor Special!
| |||
Property Highlights
Garage
Fireplace
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: Cheryl Ford, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 15852155
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Last Updated: 4 months ago
Data Source: HAR , MLS# 15852155
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