$625,000 Last Listed Price
●
House -
Off Market
16010 Algrave Lane
Spring, TX 77379
4 Beds
3 Baths,
1
Half Bath
4,151 Ft²
$3,833
Est. Monthly
$29
HOA / Fees
About This Property
Spacious and open, this Champions Forest home rests on an expansive
lot. High ceilings and an abundance of natural light welcome you
inside. A large living room includes a fireplace for cozy evenings
and a wet bar for nights you want to entertain. Built-in shelves
and cabinets offer ample storage. You'll love the wall of windows
overlooking an enviable pool and covered patio. The living room
opens to a sizable island kitchen and breakfast room. Remodeled in
'21, the kitchen features double ovens, under-mount sink, quartz
countertops and a 5 burner gas stove. The massive first floor
primary suite includes a sitting area with a fireplace and private
pool access. The primary bath features a walk-in shower, Travertine
tile, and 2 walk-in closets. Head upstairs to a large game room
with built-ins. A guest room with and hall bath is located steps
off the game room. Two additional bedrooms on the other side share
a Jack-n-Jill bath. New roof in 2018; new carpet in 2021; whole
house generator.
Unit Size
4,151 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$151
Property Type
House
Property Taxes
$735
HOA Dues
$29
Year Built
1982
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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 #74374907)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by KSP | $625,000 | |
| Listed by KSP | |||
| | |||
|
Spacious and open, this Champions Forest home rests on an expansive lot. High ceilings and an abundance of natural light welcome you inside. A large living room includes a fireplace for cozy evenings and a wet bar for nights you want to entertain. Built-in shelves and cabinets offer ample storage. You'll love the wall of windows overlooking an enviable pool and covered patio. The living room opens to a sizable island kitchen and breakfast room. Remodeled in '21, the kitchen features double ovens, under-mount sink, quartz countertops and a 5 burner gas stove. The massive first floor primary suite includes a sitting area with a fireplace and private pool access. The primary bath features a walk-in shower, Travertine tile, and 2 walk-in closets. Head upstairs to a large game room with built-ins. A guest room with and hall bath is located steps off the game room. Two additional bedrooms on the other side share a Jack-n-Jill bath. New roof in 2018; new carpet in 2021; whole house generator.
| |||
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 Champion Forest
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Listed by: Kelly Simon, KSP
Last Updated: 5 months ago
Data Source: HAR , MLS# 74374907
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Last Updated: 5 months ago
Data Source: HAR , MLS# 74374907
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