$555,000 Last Listed Price
●
House -
Off Market
1315 Richlawn Drive
Spring, TX 77379
4 Beds
3 Baths,
1
Half Bath
4,454 Ft²
$567,812
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Welcome home to 1315 Richlawn in the sought after golf course
community of Gleannloch Farms. Located on a large corner lot
walking distance to the pool, playground,lake & trails, this home
was a former model home which has some amazing features including a
detached 3 car garage w/separate workshop&bath+Portecochere.
The home has a beautiful brick facade, fresh exterior paint, large
backyard w/pergola and beautiful mature landscaping. Enter into a
grand 2 story foyer w/curved staircase flanked by an office
w/closure and built in bookshelves and formal dining. The two story
family rm is also customized w/built in bookshelves & gas log
fireplace and is open to the island kitchen and breakfast rm
w/freshly painted cabinets & white countertops. The primary suite
is down w/sitting area & executive bath. Upstairs you will find 3
oversized beds, 2 baths + an additional office with built-ins &
Game room. New carpet (22), interior paint (22), recent roof (18),
Water heater(11/22), AC/Heat(15),
Unit Size
4,454 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$125
Property Type
House
Property Taxes
$844
HOA Dues
$83
Year Built
1998
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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 #91645513)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by CORCORAN FERESTER REALTY | $555,000 | |
| Listed by CORCORAN FERESTER REALTY | |||
| | |||
|
Welcome home to 1315 Richlawn in the sought after golf course community of Gleannloch Farms. Located on a large corner lot walking distance to the pool, playground,lake & trails, this home was a former model home which has some amazing features including a detached 3 car garage w/separate workshop&bath+Portecochere. The home has a beautiful brick facade, fresh exterior paint, large backyard w/pergola and beautiful mature landscaping. Enter into a grand 2 story foyer w/curved staircase flanked by an office w/closure and built in bookshelves and formal dining. The two story family rm is also customized w/built in bookshelves & gas log fireplace and is open to the island kitchen and breakfast rm w/freshly painted cabinets & white countertops. The primary suite is down w/sitting area & executive bath. Upstairs you will find 3 oversized beds, 2 baths + an additional office with built-ins & Game room. New carpet (22), interior paint (22), recent roof (18), Water heater(11/22), AC/Heat(15),
| |||
Property Highlights
Air Conditioning
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 Gleannloch Farms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marilyn Carson, CORCORAN FERESTER REALTY
Last Updated: 4 months ago
Data Source: HAR , MLS# 91645513
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91645513
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