$385,000 Last Listed Price
●
House -
Off Market
1602 Lindsey Terrace Lane
Spring, TX 77386
4 Beds
2 Baths
2,722 Ft²
$382,843
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Well maintained, updated one story home in the sought after
community of Spring Trails. As you enter, notice the 10 ft
ceilings, neutral paint colors, new luxury vinyl flooring
throughout all the main areas, & updated lighting. Large study at
the front of the home w/ French doors, in home laundry room w/
space for an extra fridge, & formal dining for entertaining. The
kitchen has been updated, featuring white cabinets, undermount
lighting, updated backsplash, stainless steel appliances w/ gas
range, & quartz counter tops. Kitchen is open to the breakfast area
& living room. Breakfast area has plenty of space to be your
everyday eating area. This split floor plan has 4 bedrooms and 2
full bathrooms. The primary bedroom is oversized and features a
huge walk in closet. Secondary bedrooms are all a good size w/
access to the secondary bathroom. The low maintenance yard is the
perfect amount of space to grill and enjoy your morning coffee.
Community has pool, parks, trails, & sports courts.
Unit Size
2,722 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$141
Property Type
House
Property Taxes
$594
HOA Dues
$65
Year Built
2007
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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 #97874679)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by CB&A, Realtors | $385,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Well maintained, updated one story home in the sought after community of Spring Trails. As you enter, notice the 10 ft ceilings, neutral paint colors, new luxury vinyl flooring throughout all the main areas, & updated lighting. Large study at the front of the home w/ French doors, in home laundry room w/ space for an extra fridge, & formal dining for entertaining. The kitchen has been updated, featuring white cabinets, undermount lighting, updated backsplash, stainless steel appliances w/ gas range, & quartz counter tops. Kitchen is open to the breakfast area & living room. Breakfast area has plenty of space to be your everyday eating area. This split floor plan has 4 bedrooms and 2 full bathrooms. The primary bedroom is oversized and features a huge walk in closet. Secondary bedrooms are all a good size w/ access to the secondary bathroom. The low maintenance yard is the perfect amount of space to grill and enjoy your morning coffee. Community has pool, parks, trails, & sports courts.
| |||
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 Spring Trails
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Listed by: Rachel Lambright, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 97874679
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Last Updated: 4 months ago
Data Source: HAR , MLS# 97874679
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