$524,900 Last Listed Price
●
House -
Off Market
16118 Salmon Lane
Spring, TX 77379
4 Beds
3 Baths,
1
Half Bath
3,862 Ft²
$638,316
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
This character-laden custom beauty embraces sumptuous designer
touches at every turn. The gorgeous entry is only the beginning of
countless light-filled rooms that boast hardwood floors, cathedral
ceilings, custom built-ins, rich millwork, decorative tile
backdrops, elegant wallpaper, cathedral ceilings and
designer-dressed windows. The warm study enjoys serene vistas to
the front lawn. Sweeping staircase is the focal point of the
downstairs punctuating the beauty that wraps this decorator's
dream. Elegant dining room boasts a granite-clad buffet enclave.
Uninterrupted light engulfs the open floorplan & family room where
a stone surround fireplace serves as the focal point. Show-stopper
kitchen employs furniture-quality cabinetry, granite laced
countertops & island, tile basket weave backsplash, top tier
stainless steel appliances & breakfast bar. MSTR retreat has
imprint of skilled decorator touches. Game room, secondary bedrooms
& baths extremely well-appointed.
Unit Size
3,862 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
$38
Year Built
2013
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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 #83992765)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Dec 28, 2020 | Listed by Martha Turner Sotheby's | $524,900 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
This character-laden custom beauty embraces sumptuous designer touches at every turn. The gorgeous entry is only the beginning of countless light-filled rooms that boast hardwood floors, cathedral ceilings, custom built-ins, rich millwork, decorative tile backdrops, elegant wallpaper, cathedral ceilings and designer-dressed windows. The warm study enjoys serene vistas to the front lawn. Sweeping staircase is the focal point of the downstairs punctuating the beauty that wraps this decorator’s dream. Elegant dining room boasts a granite-clad buffet enclave. Uninterrupted light engulfs the open floorplan & family room where a stone surround fireplace serves as the focal point. Show-stopper kitchen employs furniture-quality cabinetry, granite laced countertops & island, tile basket weave backsplash, top tier stainless steel appliances & breakfast bar. MSTR retreat has imprint of skilled decorator touches. Game room, secondary bedrooms & baths extremely well-appointed.
| |||
| Dec 22, 2011 | Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | $60,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | |||
| | |||
|
Lot on a quiet street in Champion Forest Golf Course community with nearby elementary school in the subdivision. Established homes already on both sides of this lot.
| |||
| May 15, 2009 | Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | $45,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | |||
| | |||
|
Lot on a quiet street in Champion Forest Golf Course community with nearby elementary school in the subdivision. Established homes already on both sides of this lot.
| |||
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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Currently no similar homes aroundNearby Rentals
Listed by: Charlotte Blocker, Martha Turner Sotheby's
Last Updated: 4 months ago
Data Source: HAR , MLS# 83992765
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Last Updated: 4 months ago
Data Source: HAR , MLS# 83992765
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