$245,000 Last Listed Price
●
House -
Off Market
16331 Cypress Point Drive
Cypress, TX 77429
3 Beds
2 Baths
1,216 Ft²
$1,594
Est. Monthly
$53
HOA / Fees
About This Property
Great one story starter home...remodeled! Located in Cypress Point
off Barker Cypress & Minutes from Hwy290 and 99Pkwy. Exemplary
CyFAir Schools just a short drive away. Clean and ready for your
next adventure! This 3 bedroom, 2 bath with a two car garage has
been updated with interior & exterior paint, totally gutted granite
kitchen, laminate wood floors, recent paint, total redo of both
bathrooms (2024). Roof 2022, AC 2024. Primary bedrooms has
two closets with one being a walk in. Check it out....Cheaper than
rent! Neighborhood pool, park, elementary & middle school. Enjoy
morning coffee and evening drinks in the quiet fenced backyard with
soaring mature oak trees and tiled platform wired for jacuzzi.
Great rental potential. Call today for your private viewing.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$201
Property Type
House
Property Taxes
$337
HOA Dues
$53
Year Built
1980
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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 #38202355)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by CB&A, Realtors | $245,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Great one story starter home...remodeled! Located in Cypress Point off Barker Cypress & Minutes from Hwy290 and 99Pkwy. Exemplary CyFAir Schools just a short drive away. Clean and ready for your next adventure! This 3 bedroom, 2 bath with a two car garage has been updated with interior & exterior paint, totally gutted granite kitchen, laminate wood floors, recent paint, total redo of both bathrooms (2024). Roof 2022, AC 2024. Primary bedrooms has two closets with one being a walk in. Check it out....Cheaper than rent! Neighborhood pool, park, elementary & middle school. Enjoy morning coffee and evening drinks in the quiet fenced backyard with soaring mature oak trees and tiled platform wired for jacuzzi. Great rental potential. Call today for your private viewing.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cypress
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Listed by: Michelle Murray, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 38202355
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Last Updated: 4 months ago
Data Source: HAR , MLS# 38202355
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