$540,000 Last Listed Price
●
House -
Off Market
16218 Halpren Falls Lane
Cypress, TX 77429
4 Beds
3 Baths,
1
Half Bath
3,064 Ft²
$3,450
Est. Monthly
$83
HOA / Fees
About This Property
Discover LOCATION, STYLE, UPGRADES, and more! Enter and feel the
charm of a well-maintained home in the sought-after Coles Crossing
community. The owners have diligently updated the property,
including a new roof in 2022, AC units replaced within the last
five years, new dishwasher (2022), new kitchen cabinets (2022), &
new toilets (2023). The impressive two-story living room features
built-ins, a custom mosaic tile fireplace, & a picturesque view of
the backyard oasis. Luxury Vinyl Plank flooring was laid throughout
the house (2020), eliminating all carpet, along with a stair
remodel (2020). Additionally, the home comes w/ custom
shutters, solar screens, motorized blinds in the primary bedroom,
an upstairs shower remodel (2022), updated lighting throughout the
house, & the backyard comes w/a pool, spa, refreshed landscaping w/
bull rock along the sides of the house, complete with a back gate
to the walking trails.
Unit Size
3,064 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$176
Property Type
House
Property Taxes
$715
HOA Dues
$83
Year Built
1999
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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 #70581015)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Re/Max Property Group | $540,000 | |
| Listed by Re/Max Property Group | |||
| | |||
|
Discover LOCATION, STYLE, UPGRADES, and more! Enter and feel the charm of a well-maintained home in the sought-after Coles Crossing community. The owners have diligently updated the property, including a new roof in 2022, AC units replaced within the last five years, new dishwasher (2022), new kitchen cabinets (2022), & new toilets (2023). The impressive two-story living room features built-ins, a custom mosaic tile fireplace, & a picturesque view of the backyard oasis. Luxury Vinyl Plank flooring was laid throughout the house (2020), eliminating all carpet, along with a stair remodel (2020). Additionally, the home comes w/ custom shutters, solar screens, motorized blinds in the primary bedroom, an upstairs shower remodel (2022), updated lighting throughout the house, & the backyard comes w/a pool, spa, refreshed landscaping w/ bull rock along the sides of the house, complete with a back gate to the walking trails.
| |||
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
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Listed by: Laura LoGiudice, Re/Max Property Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 70581015
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Last Updated: 4 months ago
Data Source: HAR , MLS# 70581015
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