$860,000 Last Listed Price
●
House -
Off Market
16012 Drifting Rose Circle
Cypress, TX 77429
5 Beds
4 Baths,
1
Half Bath
4,703 Ft²
$857,653
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Beautifully cared for estate on nearly 1 acre of land on a quiet
cul-de-sac street! Magnificent two story tiled entry leads to
spacious family room with well appointed gas fireplace! Stunning
Granite island kitchen with custom cabinetry and all stainless
steel appliances! Grand Master retreat down with sitting area and
fireplace, massive ensuite with glass shower and Jacuzzi tub + 2
HUGE walk-in closets! Large gameroom up with gleaming hardwood
floors, wet bar area and built-ins for storage! Formal study down
with French doors makes for a wonderful home office! Luxurious
outdoor retreat with sparkling pool and hot tub, custom outdoor
kitchen, large covered patio + custom tree house, outdoor bathroom
and motorcycle garage! Large 3 car garage + porte-cochere and extra
parking spaces all behind the automatic driveway gate! Property
also features Zoned AC and heating (new in 2020), prewired alarm
system, outdoor sprinkler system, 48kW generator + much more! Make
an appointment today!
Unit Size
4,703 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$183
Property Type
House
Property Taxes
$1,051
HOA Dues
$46
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 #42439281)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Mar 28, 2023 | Listed by Century 21 Top Realty | $860,000 | |
| Listed by Century 21 Top Realty | |||
| | |||
|
Beautifully cared for estate on nearly 1 acre of land on a quiet cul-de-sac street! Magnificent two story tiled entry leads to spacious family room with well appointed gas fireplace! Stunning Granite island kitchen with custom cabinetry and all stainless steel appliances! Grand Master retreat down with sitting area and fireplace, massive ensuite with glass shower and Jacuzzi tub + 2 HUGE walk-in closets! Large gameroom up with gleaming hardwood floors, wet bar area and built-ins for storage! Formal study down with French doors makes for a wonderful home office! Luxurious outdoor retreat with sparkling pool and hot tub, custom outdoor kitchen, large covered patio + custom tree house, outdoor bathroom and motorcycle garage! Large 3 car garage + porte-cochere and extra parking spaces all behind the automatic driveway gate! Property also features Zoned AC and heating (new in 2020), prewired alarm system, outdoor sprinkler system, 48kW generator + much more! Make an appointment today!
| |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kevin Vader, Century 21 Top Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 42439281
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Last Updated: 4 months ago
Data Source: HAR , MLS# 42439281
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