$420,000 Last Listed Price
●
House -
Off Market
12506 Park Forest Drive
Cypress, TX 77429
3 Beds
2 Baths,
1
Half Bath
2,240 Ft²
$425,756
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
New Construction home near 1/2 acre lot located in the heart
of Cypress, and award winning Cy-Fair ISD. The one story Stucco
home has every modern feature.Mahogony exterior door. Multiple tray
ceiling design at living room. All interior doors are 8ft tall
raised panel. Open kitchen concept with large custom fit
cabinets,underlilghting,glass corner upper doors, built in spice
rack, and soft close drawers. Quartz collocate design counter tops.
S/S appliances. Hardwire alarm system with all strutted wiring,
including 5.0 surround sound pre wire with speaker prewire at back
patio. Primary bath has separate tub and shower with seamless
glass. Huge walk in primary closet. Indoor Uitlity room with
cabinets and sink. Oversized garage with utility closet. Covered
patio with storage closet.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$188
Property Type
House
Property Taxes
$105
HOA Dues
$17
Year Built
2021
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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 #37717112)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by eXp Realty, LLC | $420,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
New Construction home near 1/2 acre lot located in the heart of Cypress, and award winning Cy-Fair ISD. The one story Stucco home has every modern feature.Mahogony exterior door. Multiple tray ceiling design at living room. All interior doors are 8ft tall raised panel. Open kitchen concept with large custom fit cabinets,underlilghting,glass corner upper doors, built in spice rack, and soft close drawers. Quartz collocate design counter tops. S/S appliances. Hardwire alarm system with all strutted wiring, including 5.0 surround sound pre wire with speaker prewire at back patio. Primary bath has separate tub and shower with seamless glass. Huge walk in primary closet. Indoor Uitlity room with cabinets and sink. Oversized garage with utility closet. Covered patio with storage closet.
| |||
Property Highlights
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 Cypress
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Joe Rodriguez, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 37717112
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Last Updated: 5 months ago
Data Source: HAR , MLS# 37717112
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