$275,000 Last Listed Price
●
House -
Off Market
12511 Saracen Drive
Cypress, TX 77429
4 Beds
2 Baths,
1
Half Bath
2,361 Ft²
$334,420
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Beautifully updated Saracen Park home has been completely gutted to
the studs and features a fresh and bright kitchen with the most
modern finishes and appliances included! Quartz countertops,
tons of storage with shaker-style cabinets, built-in coffee/bar/pet
retreat under the stairs, and a large walk-in pantry. The
primary bathroom has been completely remodeled and features a large
walk-in shower, shaker-style cabinets, recessed lighting, and tons
of additional storage. Second bathroom upstairs features
neutral tiles and fresh paint. Windows have all been
replaced. Two large picture windows upstairs and downstairs create
an abundance of natural light and views of the critters scurrying
in the large backyard. All bedrooms upstairs have been
recently painted, feature fresh carpet ceiling fans. The open
backyard features mature trees and the extended covered patio is
great for enjoying your coffee or cocktail. Stables, pool,
tennis courts and trails right around the corner!
Unit Size
2,361 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$116
Property Type
House
Property Taxes
$459
HOA Dues
$58
Year Built
1975
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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 #29496058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by RE/MAX Compass | $275,000 | |
| Listed by RE/MAX Compass | |||
| | |||
|
Beautifully updated Saracen Park home has been completely gutted to the studs and features a fresh and bright kitchen with the most modern finishes and appliances included! Quartz countertops, tons of storage with shaker-style cabinets, built-in coffee/bar/pet retreat under the stairs, and a large walk-in pantry. The primary bathroom has been completely remodeled and features a large walk-in shower, shaker-style cabinets, recessed lighting, and tons of additional storage. Second bathroom upstairs features neutral tiles and fresh paint. Windows have all been replaced. Two large picture windows upstairs and downstairs create an abundance of natural light and views of the critters scurrying in the large backyard. All bedrooms upstairs have been recently painted, feature fresh carpet ceiling fans. The open backyard features mature trees and the extended covered patio is great for enjoying your coffee or cocktail. Stables, pool, tennis courts and trails right around the corner!
| |||
Property Highlights
Fireplace
Garage
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
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Currently no similar homes aroundNearby Rentals
Listed by: Norma Andersson, RE/MAX Compass
Last Updated: 4 months ago
Data Source: HAR , MLS# 29496058
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Last Updated: 4 months ago
Data Source: HAR , MLS# 29496058
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