$699,999 Last Listed Price
●
House -
Off Market
15507 Prade Ranch Lane
Cypress, TX 77429
4 Beds
3 Baths,
2
Half Baths
4,400 Ft²
$738,710
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
REDUCED! Impressive cul-de-sac home with backyard oasis in
desirable Rock Creek! Discover an amazing backyard retreat
featuring an outdoor kitchen with grill, sink and refrigerator,
huge, covered patio, mounted tv above a grand fireplace, fire pit
area, outdoor restroom, and pool with hot tub. Upon entering you
are greeted with a living area that boasts a grand corner, floor to
ceiling fireplace, a wall of windows to the backyard and opening to
a chef's kitchen with recent paint, stainless appliances, granite
countertops, a spacious island, formal dining. Also, a primary
bedroom with large walk-in closet, wood floors, and private exit to
the pool area. The primary ensuite flaunts dual vanities with
granite countertops/whirlpool tub and an oversized shower. Upstairs
are three bedrooms with bathrooms, game room and media room. Plus,
a three-car garage with attached porte-cochere, private security
system, sprinkler system and a 18x8 workshop with AC. A true
entertainers delight!
Unit Size
4,400 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$159
Property Type
House
Property Taxes
$1,343
HOA Dues
$158
Year Built
2002
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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 #6040720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Aug 13, 2022 | Listed by Texas Signature Realty | $699,999 | |
| Listed by Texas Signature Realty | |||
| | |||
|
REDUCED! Impressive cul-de-sac home with backyard oasis in desirable Rock Creek! Discover an amazing backyard retreat featuring an outdoor kitchen with grill, sink and refrigerator, huge, covered patio, mounted tv above a grand fireplace, fire pit area, outdoor restroom, and pool with hot tub. Upon entering you are greeted with a living area that boasts a grand corner, floor to ceiling fireplace, a wall of windows to the backyard and opening to a chef's kitchen with recent paint, stainless appliances, granite countertops, a spacious island, formal dining. Also, a primary bedroom with large walk-in closet, wood floors, and private exit to the pool area. The primary ensuite flaunts dual vanities with granite countertops/whirlpool tub and an oversized shower. Upstairs are three bedrooms with bathrooms, game room and media room. Plus, a three-car garage with attached porte-cochere, private security system, sprinkler system and a 18x8 workshop with AC. A true entertainers delight!
| |||
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 Cypress
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Listed by: Linda Van Bebber, Texas Signature Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 6040720
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Last Updated: 4 months ago
Data Source: HAR , MLS# 6040720
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