$1,649,999 Last Listed Price
●
House -
Off Market
12302 Rip Van Winkle Drive
Houston, TX 77024
5 Beds
5 Baths
4,995 Ft²
$1,856,996
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
SPRAY FOAM insulation including the attic, engineered STRUCTURAL
SLAB on 45 bell bottom piers, RAINSCREEN behind all siding,
Building Science construction practices. This stunning brand new
custom FROSTWOOD home is a notch above the rest. Walk your
kids to esteemed FROSTWOOD ELEMENTARY! 12' soaring CEILINGS,
Thermador appliances, massive kitchen island, huge open concept
living, cast stone fireplace, modern linear ac supply vents,
spacious DRAMATIC home office with FLOOR TO CEILING WINDOWS, huge
25' long pantry with 2nd dishwasher and sink for hidden cleanup, 2
built in wine refrigerators, grand spa like primary bathroom with
endless counter space endless mirrors and enormous shower, outdoor
covered patio with gas grill and fridge, upstairs living area and
bar, no carpet whatsoever in the house, 100' driveway for tons of
guests. All school grades are zoned to 5 star rated A Excellent
schools. 11,400 sf lot.
Unit Size
4,995 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$330
Property Type
House
Property Taxes
$1,396
HOA Dues
$27
Year Built
2020
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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 #54585349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Nitya Realty | $1,649,999 | |
| Listed by Nitya Realty | |||
| | |||
|
SPRAY FOAM insulation including the attic, engineered STRUCTURAL SLAB on 45 bell bottom piers, RAINSCREEN behind all siding, Building Science construction practices. This stunning brand new custom FROSTWOOD home is a notch above the rest. Walk your kids to esteemed FROSTWOOD ELEMENTARY! 12' soaring CEILINGS, Thermador appliances, massive kitchen island, huge open concept living, cast stone fireplace, modern linear ac supply vents, spacious DRAMATIC home office with FLOOR TO CEILING WINDOWS, huge 25' long pantry with 2nd dishwasher and sink for hidden cleanup, 2 built in wine refrigerators, grand spa like primary bathroom with endless counter space endless mirrors and enormous shower, outdoor covered patio with gas grill and fridge, upstairs living area and bar, no carpet whatsoever in the house, 100' driveway for tons of guests. All school grades are zoned to 5 star rated A Excellent schools. 11,400 sf lot.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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HOA + Taxes
About Westside
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Listed by: Lupita Contreras, Nitya Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 54585349
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Last Updated: 5 months ago
Data Source: HAR , MLS# 54585349
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