$425,000 Last Listed Price
●
House -
Off Market
1503 Sahara Drive
Crosby, TX 77532
4 Beds
3 Baths,
1
Half Bath
3,268 Ft²
$468,225
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Beneath the tranquil mature oaks that elegantly blow Spanish Moss
in the fall breeze lies this majestic traditional home. This
home sits on one of the largest golf course lots in Newport and
provides spectacular views while also affording unparalleled
privacy to the Homeowner. A tropical paradise awaits you in
what could be described as an entertainers paradise built with
outdoor living in mind. This home boasts four separate
outdoor living areas. Inside this traditional 4 bedroom home
you are pleasantly reminded of all the recent upgrades the most
discriminate buyer demands. Updated kitchen and master bath
are both beautifully done. The inside, much like the outside
is built around family and entertainment offering a huge family
area, and an impressive game/media/flex space with a wall of
windows overlooking the pool and golf course. Oversized
driveway ensures that guests and family will always have room for
holiday get togethers. This is the one you've been
waiting for.
Unit Size
3,268 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$130
Property Type
House
Property Taxes
$669
HOA Dues
$47
Year Built
1978
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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 #86274774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by JLA Realty | $425,000 | |
| Listed by JLA Realty | |||
| | |||
|
Beneath the tranquil mature oaks that elegantly blow Spanish Moss in the fall breeze lies this majestic traditional home. This home sits on one of the largest golf course lots in Newport and provides spectacular views while also affording unparalleled privacy to the Homeowner. A tropical paradise awaits you in what could be described as an entertainers paradise built with outdoor living in mind. This home boasts four separate outdoor living areas. Inside this traditional 4 bedroom home you are pleasantly reminded of all the recent upgrades the most discriminate buyer demands. Updated kitchen and master bath are both beautifully done. The inside, much like the outside is built around family and entertainment offering a huge family area, and an impressive game/media/flex space with a wall of windows overlooking the pool and golf course. Oversized driveway ensures that guests and family will always have room for holiday get togethers. This is the one you've been waiting for.
| |||
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 Newport
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Listed by: Terri Aubain, JLA Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 86274774
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86274774
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