$340,000 Last Listed Price
●
House -
Off Market
17403 Majestic Forest Drive
Spring, TX 77379
4 Beds
3 Baths,
1
Half Bath
3,127 Ft²
$355,254
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
A majestic estate in an oversized 14,000sf lot surrounded by
beautiful mature trees. Southern colonial design in marvelous
imperial soft red brick and remodeled interiors combine modern
commodities of today with the elegant character of the past.
Massive windows drench the family room in natural light, Built-in
shelves are great for decor and storage in an uncommonly large room
that can fit the largest of couches. Faux ceiling beams and crown
molding ooze warmth and character in a welcoming atmosphere to
gather around the fireplace. Travertine tile backsplash kitchen
features a wet bar w/sink, breakfast bar, granite countertops, LED
lighting, induction cooktop, wall oven, pull-down faucet, and
double deep stainless sinks. 2 MAIN SUITES! Perfect for an Airbnb,
guest suite, or in-laws. The downstairs suite has private access
and an on-demand tankless water heater. Whole House pex-piping.
Half basketball court size newly poured driveway, Playground, 2
garage workbenches with electricity.
Unit Size
3,127 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$109
Property Type
House
Property Taxes
$593
HOA Dues
$51
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: 5 months ago (HAR #36833737)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2023 | Sold | ||
| Sold | |||
| Dec 5, 2022 | Listed by RE/MAX Universal | $340,000 | |
| Listed by RE/MAX Universal | |||
| Jul 1, 2020 | Sold | ||
| Sold | |||
| Jan 23, 2020 | Listed by Oak Hill Realty | $199,000 | |
| Listed by Oak Hill Realty | |||
| | |||
|
Huge house in a beautifu neighborhood? Priced over $40,000 under assessed value. 4 bedrooms include 2 master bedrooms (1 up and 1 down) with their own private bathroom. 3 full bathrooms and 1 half bath. Two living areas and separate dining area. Detached 2 car garage. Beautiful wooded lot. Price reduced because house needs some TLC (new carpets, driveway, etc.). Two heat-AC systems (upstairs and downstairs). Seller is a licensed real estate professional.
| |||
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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Type
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ft²
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About Spring Creek Forest
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Listed by: Jennifer Figarella, RE/MAX Universal
Last Updated: 5 months ago
Data Source: HAR , MLS# 36833737
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Last Updated: 5 months ago
Data Source: HAR , MLS# 36833737
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