$700,000 Last Listed Price
●
House -
Off Market
123 Lake Sterling Gate Drive
Spring, TX 77379
3 Beds
3 Baths,
1
Half Bath
3,563 Ft²
$4,620
Est. Monthly
$277
HOA / Fees
About This Property
LAKEFRONT CUSTOM HOME IN PROMINENT GATED LAKES OF STERLING GATE.
This one-story home plus game room features three- or four-bedrooms
w/ split floor plan ready for immediate move-in. As you enter the
front door, a stunning entry w/ dome ceiling & chandelier leads you
to a large Family Room which features views of the lake & lighted
water spray. This newly painted pristine home has exquisite
architectural details incl. crown molding, unique lighting, tile
floors, stone accents & lighted tray ceilings. The gourmet kitchen
was remodeled w/ quart counters & large breakfast bar open to the
Family Room that shares the same stunning views. Top of the line
appliances incl. a 5 burner Jennair cooktop, Kitchen Aid Oven,
Microwave & Paneled Built-in Refrigerator! Custom cabinetry w/glass
shelving! The Master Suite is Large & Private & offers tranquil
views of the lake! LUXURIOUS Master Bath and STAGGERING Master
Closets. Gated backyard w/ extended large, covered patio with
firepit!
Unit Size
3,563 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$196
Property Type
House
Property Taxes
$905
HOA Dues
$277
Year Built
2004
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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 #16272731)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $700,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
| | |||
|
LAKEFRONT CUSTOM HOME IN PROMINENT GATED LAKES OF STERLING GATE. This one-story home plus game room features three- or four-bedrooms w/ split floor plan ready for immediate move-in. As you enter the front door, a stunning entry w/ dome ceiling & chandelier leads you to a large Family Room which features views of the lake & lighted water spray. This newly painted pristine home has exquisite architectural details incl. crown molding, unique lighting, tile floors, stone accents & lighted tray ceilings. The gourmet kitchen was remodeled w/ quart counters & large breakfast bar open to the Family Room that shares the same stunning views. Top of the line appliances incl. a 5 burner Jennair cooktop, Kitchen Aid Oven, Microwave & Paneled Built-in Refrigerator! Custom cabinetry w/glass shelving! The Master Suite is Large & Private & offers tranquil views of the lake! LUXURIOUS Master Bath and STAGGERING Master Closets. Gated backyard w/ extended large, covered patio with firepit!
| |||
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 Lakes of Sterling Gate
Similar Homes for Sale
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Listed by: Wendy Roloff, Better Homes and Gardens Real Estate Gary Greene - Champions
Last Updated: 5 months ago
Data Source: HAR , MLS# 16272731
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Last Updated: 5 months ago
Data Source: HAR , MLS# 16272731
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