$530,000 Last Listed Price
●
House -
Off Market
16322 Diamond Rock Drive
Cypress, TX 77429
4 Beds
3 Baths,
1
Half Bath
3,165 Ft²
$3,615
Est. Monthly
$83
HOA / Fees
About This Property
This lovely home offers 4 bedrooms, 3.5 baths, and an oversized
3-car garage, all set on a spacious lot. Nestled within a
cul-de-sac and adjacent to a greenbelt. It exudes a sense of
tranquility and minimal wear. The open kitchen features stainless
steel appliances and granite countertops, seamlessly connecting to
the bright living room with high ceilings. Recent updates include
paint, refinished hardwood flooring through the 1st floor, and new
hardwood floors in the primary suite and study. The primary
bathroom offers a jetted tub and a frameless shower. Upstairs, find
three bedrooms, a built-in desk for two as a separate study nook.
The sizable game room boasts high ceilings and plush carpeting.
Each bedroom has its own bathroom, including a convenient Jack and
Jill arrangement. Bathrooms upstairs feature granite countertops
and updated tile flooring. The backyard is suitable for a pool!
Enjoy the neighborhood's lakes and trails, and benefit from the
acclaimed CFISD. Did not flood.
Unit Size
3,165 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$167
Property Type
House
Property Taxes
$929
HOA Dues
$83
Year Built
2002
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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: 5 months ago (HAR #39691152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by ELUX Real Estate | $530,000 | |
| Listed by ELUX Real Estate | |||
| | |||
|
This lovely home offers 4 bedrooms, 3.5 baths, and an oversized 3-car garage, all set on a spacious lot. Nestled within a cul-de-sac and adjacent to a greenbelt. It exudes a sense of tranquility and minimal wear. The open kitchen features stainless steel appliances and granite countertops, seamlessly connecting to the bright living room with high ceilings. Recent updates include paint, refinished hardwood flooring through the 1st floor, and new hardwood floors in the primary suite and study. The primary bathroom offers a jetted tub and a frameless shower. Upstairs, find three bedrooms, a built-in desk for two as a separate study nook. The sizable game room boasts high ceilings and plush carpeting. Each bedroom has its own bathroom, including a convenient Jack and Jill arrangement. Bathrooms upstairs feature granite countertops and updated tile flooring. The backyard is suitable for a pool! Enjoy the neighborhood's lakes and trails, and benefit from the acclaimed CFISD. Did not flood.
| |||
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 Cypress
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Listed by: Julia Iavitsa, ELUX Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 39691152
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Last Updated: 5 months ago
Data Source: HAR , MLS# 39691152
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