$375,000 Last Listed Price
●
House -
Off Market
18 Purpletop Court
The Woodlands, TX 77381
4 Beds
2 Baths,
1
Half Bath
2,030 Ft²
$383,657
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
The updates in this home are beautiful! The upstairs gameroom has
been fully enclosed creating a fourth bedroom yet it could also be
a gameroom! High ceilings in the living room feature a cedar beam!
Kitchen has stainless and black appliances including a fridge that
can stay. Fresh carpet, paint, flooring throughout. Owner also
opened the kitchen to living and dining areas. Beautiful light
colors with natural light. Spacious fenced backyard on cul-de-sac.
Other recent improvements include mechanical & electrical
items: galvanized water lines have been upgraded with PEX plumbing;
water heater; air ducts (including all ducts in wall chases and
between floors & ceilings) have been replaced, HVAC equipment, i.e.
furnace, evaporator coil & condenser replaced; a 3 zone system was
installed so that upstairs, downstairs & the master suite can be
controlled independently from their own thermostats; recent
electrical panel, garage door opener, garage door, ceiling
fans, light fixtures, etc.
Unit Size
2,030 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$185
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1981
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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 #38104785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by RE/MAX Integrity | $375,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
|
The updates in this home are beautiful! The upstairs gameroom has been fully enclosed creating a fourth bedroom yet it could also be a gameroom! High ceilings in the living room feature a cedar beam! Kitchen has stainless and black appliances including a fridge that can stay. Fresh carpet, paint, flooring throughout. Owner also opened the kitchen to living and dining areas. Beautiful light colors with natural light. Spacious fenced backyard on cul-de-sac. Other recent improvements include mechanical & electrical items: galvanized water lines have been upgraded with PEX plumbing; water heater; air ducts (including all ducts in wall chases and between floors & ceilings) have been replaced, HVAC equipment, i.e. furnace, evaporator coil & condenser replaced; a 3 zone system was installed so that upstairs, downstairs & the master suite can be controlled independently from their own thermostats; recent electrical panel, garage door opener, garage door, ceiling fans, light fixtures, etc.
| |||
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About The Woodlands
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Listed by: Carol Knott Tefft, RE/MAX Integrity
Last Updated: 5 months ago
Data Source: HAR , MLS# 38104785
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Last Updated: 5 months ago
Data Source: HAR , MLS# 38104785
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