$650,000 Last Listed Price
●
House -
Off Market
12515 Park Forest Drive
Cypress, TX 77429
5 Beds
3 Baths,
1
Half Bath
3,456 Ft²
$3,898
Est. Monthly
$17
HOA / Fees
About This Property
RARE FIND 1.1 Acre in Cypress boasting a beautiful 5 bedroom, 3.5
bath home with fresh updates. Additional highlights include a
5-car garage(one for an RV), two-fenced yard spaces, a corner lot
located across the street from a lake & park, and a
chicken-friendly community. Upon entry is an elegant foyer
leading to a spacious dining room & living room, featuring
plantation shutters & a fireplace. The primary bedroom boasts
a large en-suite bath recently updated with granite cabinets,
modern tile shower, jacuzzi tub & two walk-in closets. The
kitchen boasts a large island with cooktop, double ovens,
tons of cupboard and counter space. Upstairs features 4 large
bedrooms, each with direct bathroom access. One makes an
impressive executive office, a game room, homeschool space,
craft-sewing room, or gym. The backyard features two fenced
areas and offers plenty of room to add a pool. Top-rated
CFISD schools, shopping, dining, & parks are nearby. Never flooded.
Unit Size
3,456 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$188
Property Type
House
Property Taxes
$689
HOA Dues
$17
Year Built
1984
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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 #22810417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by RE/MAX Compass | $650,000 | |
| Listed by RE/MAX Compass | |||
| | |||
|
RARE FIND 1.1 Acre in Cypress boasting a beautiful 5 bedroom, 3.5 bath home with fresh updates. Additional highlights include a 5-car garage(one for an RV), two-fenced yard spaces, a corner lot located across the street from a lake & park, and a chicken-friendly community. Upon entry is an elegant foyer leading to a spacious dining room & living room, featuring plantation shutters & a fireplace. The primary bedroom boasts a large en-suite bath recently updated with granite cabinets, modern tile shower, jacuzzi tub & two walk-in closets. The kitchen boasts a large island with cooktop, double ovens, tons of cupboard and counter space. Upstairs features 4 large bedrooms, each with direct bathroom access. One makes an impressive executive office, a game room, homeschool space, craft-sewing room, or gym. The backyard features two fenced areas and offers plenty of room to add a pool. Top-rated CFISD schools, shopping, dining, & parks are nearby. Never flooded.
| |||
Property Highlights
Fireplace
Garage
With View
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 Cypress
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Listed by: Norma Andersson, RE/MAX Compass
Last Updated: 4 months ago
Data Source: HAR , MLS# 22810417
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Last Updated: 4 months ago
Data Source: HAR , MLS# 22810417
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