$399,900 Last Listed Price
●
House -
Off Market
16027 Algrave Lane
Spring, TX 77379
4 Beds
3 Baths,
1
Half Bath
3,087 Ft²
$2,559
Est. Monthly
$21
HOA / Fees
About This Property
Lovely 2 Story Home Nestled in a Quiet Cul-De-Sac in the Heart of
Champion Forest. This 4 Bedroom/3.5 Bathroom Features Hardwood
Floors, Tile Flooring and Recently Replaced Carpet Upstairs. An
oversized Island in the Kitchen with Granite Countertops and a Wet
Bar Allows you to Entertain Family & Friends. The Primary Suite is
Located on the First Floor with a Fabulous Renovated Bathroom that
includes a Walk-In Shower and Soaking Tub. Upstairs You Will Find a
Spacious Game room w/Exposed Wood Beamed Vaulted Ceiling W/Built-In
Desk/Study Area, 3 Generous-Sized Secondary Bedrooms & 2 Full
Baths. Recently Replaced Items Include: PEX Plumbing, Kitchen
Appliances (Stove, Microwave & Oven), AC Units, Sprinkler System,
Electrical Panel, Smart Thermostats, Landscaping & Back Fence.
Unit Size
3,087 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$130
Property Type
House
Property Taxes
$574
HOA Dues
$21
Year Built
1981
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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 #5326983)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by RE/MAX The Woodlands & Spring | $399,900 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| | |||
|
Lovely 2 Story Home Nestled in a Quiet Cul-De-Sac in the Heart of Champion Forest. This 4 Bedroom/3.5 Bathroom Features Hardwood Floors, Tile Flooring and Recently Replaced Carpet Upstairs. An oversized Island in the Kitchen with Granite Countertops and a Wet Bar Allows you to Entertain Family & Friends. The Primary Suite is Located on the First Floor with a Fabulous Renovated Bathroom that includes a Walk-In Shower and Soaking Tub. Upstairs You Will Find a Spacious Game room w/Exposed Wood Beamed Vaulted Ceiling W/Built-In Desk/Study Area, 3 Generous-Sized Secondary Bedrooms & 2 Full Baths. Recently Replaced Items Include: PEX Plumbing, Kitchen Appliances (Stove, Microwave & Oven), AC Units, Sprinkler System, Electrical Panel, Smart Thermostats, Landscaping & Back Fence.
| |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christine Hale, RE/MAX The Woodlands & Spring
Last Updated: 4 months ago
Data Source: HAR , MLS# 5326983
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Last Updated: 4 months ago
Data Source: HAR , MLS# 5326983
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