12511 Pine Savannah Lane
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Keller Williams Realty - Memor | $749,900 | |
| Listed by Keller Williams Realty - Memor | |||
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STUNNING and IMPRESSIVE semi-custom home in The Groves! With over $225,000 IN SELLER-ADDED UPGRADES, this home is sure to please! Step outside into your own PRIVATE OASIS featuring a POOL & SPA with a stacked stone facade, margarita table & XL Baja sun shelf. Entertain in style with the OUTDOOR KITCHEN & matching stacked stone FIRE PIT. Inside, the SPACIOUS KITCHEN is a CHEF'S DREAM and the family room is adorned with a charming floor-to-ceiling Hill Country limestone fireplace. There are sophisticated engineered hardwoods flowing throughout the downstairs. This home offers a 2ND BEDROOM DOWNSTAIRS & plenty of space to spread out. There's a large GAME ROOM & a versatile MEDIA ROOM that can easily convert into a 5th bedroom, if desired. Retreat to the gorgeous primary bedroom & enjoy the spa-like ensuite bath with a CUSTOM CLOSET, providing the perfect blend of LUXURY and FUNCTIONALITY. Don't miss your chance to own this stunning home with its EXTENSIVE UPGRADES & EXCEPTIONAL FEATURES.
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| Jan 29, 2020 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by Perry Development Management | $545,900 | |
| Listed by Perry Development Management | |||
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PERRY HOMES NEW CONSTRUCTION-Grand Two-story entry framed by formal dining room, library, and a circular staircase. Library with French door entry. Spacious Island kitchen that opens to breakfast area and family room. Corner fireplace and wall of windows in family room. Secluded master suite with wall of windows. Double doors lead to master bath with dual separate vanities, corner garden tub, separate glass enclosed shower, linen closet, and large walk-in closet. Large game room and Media room upstairs. Secondary bedrooms feature a Hollywood bathroom. Utility room and guest bath downstairs. Covered backyard patio. Three car garage.
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About Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 37218847
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