$325,000 Last Listed Price
●
House -
Off Market
18118 Trace Forest Drive
Spring, TX 77379
4 Beds
2 Baths,
1
Half Bath
2,813 Ft²
$342,217
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
This Memorial Northwest home has a generous floor plan w/4
bedrooms, 2.5 bathrooms + large game room. Cathedral ceiling +
windows in the den are impressive along w/the original block
paneling, brick fireplace, gas logs + wet bar w/shingle shake
accents. Primary suite is downstairs and leads to a large bathroom
w/2 sinks, 2 walk in closets + large shower. Recent updates include
all new carpet, hardwood floors + fresh paint! Pool is inviting and
ready to slide right into summer! Kitchen has a charming corner
sink + window overlooking the front while the breakfast room
overlooks the back yard pool + covered patio. 3 spacious bedrooms
upstairs w/large closets. Upstairs game room has window
seating/storage, a wet bar + an exterior spiral staircase down to
the back yard. Roof 2015. Outside condenser 2021. Sprinklers! A
gate through the back yard leads you to an expansive area to play
and walk to Doerre Intermediate. Theiss Elementary is a short 1mile
walk w/crossing guards on every corner!
Unit Size
2,813 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$116
Property Type
House
Property Taxes
$480
HOA Dues
$56
Year Built
1978
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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 #68229924)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by Nichols & Associates Real | $325,000 | |
| Listed by Nichols & Associates Real | |||
| | |||
|
This Memorial Northwest home has a generous floor plan w/4 bedrooms, 2.5 bathrooms + large game room. Cathedral ceiling + windows in the den are impressive along w/the original block paneling, brick fireplace, gas logs + wet bar w/shingle shake accents. Primary suite is downstairs and leads to a large bathroom w/2 sinks, 2 walk in closets + large shower. Recent updates include all new carpet, hardwood floors + fresh paint! Pool is inviting and ready to slide right into summer! Kitchen has a charming corner sink + window overlooking the front while the breakfast room overlooks the back yard pool + covered patio. 3 spacious bedrooms upstairs w/large closets. Upstairs game room has window seating/storage, a wet bar + an exterior spiral staircase down to the back yard. Roof 2015. Outside condenser 2021. Sprinklers! A gate through the back yard leads you to an expansive area to play and walk to Doerre Intermediate. Theiss Elementary is a short 1mile walk w/crossing guards on every corner!
| |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bob Nichols, Nichols & Associates Real
Last Updated: 4 months ago
Data Source: HAR , MLS# 68229924
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Last Updated: 4 months ago
Data Source: HAR , MLS# 68229924
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