$475,000 Last Listed Price
●
House -
Off Market
16515 Ruby Meadow Drive
Houston, TX 77095
4 Beds
3 Baths,
1
Half Bath
3,845 Ft²
$3,250
Est. Monthly
$96
HOA / Fees
About This Property
MOTIVATED SELLER MUST SELL! Priced MUCH lower than market value!
This magnificent 4 bed, 3.5 bath home was made for entertaining!
Enjoy a refreshing dip in the stunning pool and spa or relax on the
outdoor palapa lounge deck while listening to the waterfall
creating an oasis of tranquility in your own backyard. The formal
dining and breakfast areas offer plenty of space to enjoy meals
together while the gourmet kitchen with its island and built-in
desk area opens up to the massive living room. The private home
office and den allow plenty of options for working from home, while
the upstairs game room keeps everyone entertained at any age with a
balcony overlooking the pool. The media room is perfect for movie
nights and can also be used as a fifth bedroom. Three secondary
bedrooms plus two full baths complete the second floor. Three-car
attached garage.
Unit Size
3,845 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$124
Property Type
House
Property Taxes
$821
HOA Dues
$96
Year Built
2004
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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 #75659283)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by Real Broker, LLC | $475,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
MOTIVATED SELLER MUST SELL! Priced MUCH lower than market value! This magnificent 4 bed, 3.5 bath home was made for entertaining! Enjoy a refreshing dip in the stunning pool and spa or relax on the outdoor palapa lounge deck while listening to the waterfall creating an oasis of tranquility in your own backyard. The formal dining and breakfast areas offer plenty of space to enjoy meals together while the gourmet kitchen with its island and built-in desk area opens up to the massive living room. The private home office and den allow plenty of options for working from home, while the upstairs game room keeps everyone entertained at any age with a balcony overlooking the pool. The media room is perfect for movie nights and can also be used as a fifth bedroom. Three secondary bedrooms plus two full baths complete the second floor. Three-car attached garage.
| |||
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 Stone Gate
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Listed by: Tricia Turner, Real Broker, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 75659283
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Last Updated: 4 months ago
Data Source: HAR , MLS# 75659283
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