$355,000 Last Listed Price
●
House -
Off Market
16511 Horizon Drive
Crosby, TX 77532
5 Beds
3 Baths,
1
Half Bath
2,842 Ft²
$2,359
Est. Monthly
$55
HOA / Fees
About This Property
This stunning two-story home has 5 bedrooms, 3.5 bathrooms, and
sits on a corner lot within a cul-de-sac. Featuring quartz
countertops, an island with a cooktop, formal dining area, and an
office/study. The spacious living room includes high ceilings and a
cozy fireplace. Additional highlights include a detached garage,
fenced in backyard, and a covered back patio. Newport amenities
included walking trails, 3 parks and splashpads. Swimming pool,
gym, tennis courts. Access to Lake Houston, boat launch and pier.
Stonebridge Country Club and golf course.
Unit Size
2,842 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$125
Property Type
House
Property Taxes
$560
HOA Dues
$55
Year Built
1993
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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 #45745975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | No longer available | - | |
| No longer available | |||
| May 28, 2024 | Listed by Boom Real Estate | $355,000 | |
| Listed by Boom Real Estate | |||
| | |||
|
This stunning two-story home has 5 bedrooms, 3.5 bathrooms, and sits on a corner lot within a cul-de-sac. Featuring quartz countertops, an island with a cooktop, formal dining area, and an office/study. The spacious living room includes high ceilings and a cozy fireplace. Additional highlights include a detached garage, fenced in backyard, and a covered back patio. Newport amenities included walking trails, 3 parks and splashpads. Swimming pool, gym, tennis courts. Access to Lake Houston, boat launch and pier. Stonebridge Country Club and golf course.
| |||
| May 6, 2024 | Listed by Boom Real Estate | $425,000 | |
| Listed by Boom Real Estate | |||
| | |||
|
This stunning two-story home has 5 bedrooms, 3.5 bathrooms, and sits on a corner lot within a cul-de-sac, accompanied by an additional lot. Featuring quartz countertops, an island with a cooktop, formal dining area, and an office/study. The spacious living room includes high ceilings and a cozy fireplace. Additional highlights include a detached garage, fenced in backyard, and a covered back patio. Plus, the large adjacent lot is included in the sales price.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Newport
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Listed by: Charlene Findley, Boom Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 45745975
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Last Updated: 4 months ago
Data Source: HAR , MLS# 45745975
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