$399,900 Last Listed Price
●
House -
Off Market
18114 Trace Forest Drive
Spring, TX 77379
5 Beds
2 Baths,
1
Half Bath
2,850 Ft²
$403,013
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Wonderfully updated 5 bed, 2.5 bath home with saltwater pool/hot
tub and no backyard neighbors. Updated double paned windows,
reinsulated attic, radiant barrier, attic fan, and ducts. All
flooring both upstairs and downstairs updated with engineered
wood/tile. Kitchen completely remodeled and coverted to gas.
Includes new cabinets to ceiling, subway backsplash, new counters
with large eat at bar with extra storage, under cabinet lighting
and stainless steel appliances. Decorative sliding barn doors
to entry into dining and utility areas. All bathrooms have
been completely updated with new plumbing, shower tile/rain head
fixtures, added exhaust fan, granite counters, sinks and fixtures.
All exterior hardy siding has been replaced. Added
extended outdoor patio, gas line for pool/hot tub heater and
replaced A/C unit in 2018. Outdoor pool room. Enjoy
walking out the back gate to Wunderlich Farms or the Farmers Market
the last Sat of each month. Hurry, this home will not last
long.
Unit Size
2,850 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$140
Property Type
House
Property Taxes
$469
HOA Dues
$58
Year Built
1978
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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 #21013359)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Martha Turner Sotheby's | $399,900 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Wonderfully updated 5 bed, 2.5 bath home with saltwater pool/hot tub and no backyard neighbors. Updated double paned windows, reinsulated attic, radiant barrier, attic fan, and ducts. All flooring both upstairs and downstairs updated with engineered wood/tile. Kitchen completely remodeled and coverted to gas. Includes new cabinets to ceiling, subway backsplash, new counters with large eat at bar with extra storage, under cabinet lighting and stainless steel appliances. Decorative sliding barn doors to entry into dining and utility areas. All bathrooms have been completely updated with new plumbing, shower tile/rain head fixtures, added exhaust fan, granite counters, sinks and fixtures. All exterior hardy siding has been replaced. Added extended outdoor patio, gas line for pool/hot tub heater and replaced A/C unit in 2018. Outdoor pool room. Enjoy walking out the back gate to Wunderlich Farms or the Farmers Market the last Sat of each month. Hurry, this home will not last long.
| |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Memorial Northwest
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Listed by: Jenny Overstreet, Martha Turner Sotheby's
Last Updated: 4 months ago
Data Source: HAR , MLS# 21013359
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Last Updated: 4 months ago
Data Source: HAR , MLS# 21013359
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