$1,350,000 Last Listed Price
●
House -
Off Market
1235 Candlelight Lane
Houston, TX 77018
5 Beds
4 Baths,
1
Half Bath
3,930 Ft²
$1,381,165
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
This is it - the home in Oak Forest that finally checks all of your
boxes! This is a gorgeous custom home by Ranier Homes zoned to
exemplary Oak Forest Elementary & walking distance to Candlelight
Park. It features 5 bedrooms (1 bedroom on the first floor, perfect
for an office, MIL suite, or second play room), 4.5 baths, a
game room, wine room, 3 car tandem garage, and the backyard oasis
of your dreams. You will enjoy the extra living area under the
covered patio with outdoor fireplace, a sparkling heated salt water
pool, beautiful landscaping, a Mosquito system, and deck area to
sunbathe. Some other features include Macaubas Quartzite
countertops, custom cabinets, 48" gas range, sub-zero refrigerator,
2 dishwashers, and custom lighting throughout. You will also love
the natural light and storage in this home! The primary suite
features a bonus room (a future second closet/dressing room or home
office), white oak wood floors, and a marble bathroom of your
dreams. Welcome home!
Unit Size
3,930 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$344
Property Type
House
Property Taxes
-
HOA Dues
-
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: 4 months ago (HAR #94388756)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jun 18, 2022 | Listed by Keller Williams Realty - Memorial | $1,350,000 | |
| Listed by Keller Williams Realty - Memorial | |||
| | |||
|
This is it - the home in Oak Forest that finally checks all of your boxes! This is a gorgeous custom home by Ranier Homes zoned to exemplary Oak Forest Elementary & walking distance to Candlelight Park. It features 5 bedrooms (1 bedroom on the first floor, perfect for an office, MIL suite, or second play room), 4.5 baths, a game room, wine room, 3 car tandem garage, and the backyard oasis of your dreams. You will enjoy the extra living area under the covered patio with outdoor fireplace, a sparkling heated salt water pool, beautiful landscaping, a Mosquito system, and deck area to sunbathe. Some other features include Macaubas Quartzite countertops, custom cabinets, 48" gas range, sub-zero refrigerator, 2 dishwashers, and custom lighting throughout. You will also love the natural light and storage in this home! The primary suite features a bonus room (a future second closet/dressing room or home office), white oak wood floors, and a marble bathroom of your dreams. Welcome home!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 North Houston
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Listed by: Callee Maglothin, Keller Williams Realty - Memorial
Last Updated: 4 months ago
Data Source: HAR , MLS# 94388756
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94388756
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