1918 Wavecrest Lane
About This Property
look ceramic tile, custom shades and plantation shutters, updated kitchen cabinets topped with gleaming
granite counters, and accented with slate and granite backsplash. Many lights have dimmer switches Single
oversized undermount sink. Over cabinet lighting and 2 banks of deep drawers reflects a well designed
kitchen. Primary bedroom and bath is steps from pool. Spread over a quarter acre the backyard adds so
much entertaining space. Large inground pool and spa. Covered patio and lots of grass for pets to romp.
There is a second covered area that contains a storage building and room for additional parking courtesy of
8ft wide gate. Per seller never flooded. Zoned to desirable CCISD. Nearby shopping, restaurants, medical
facilities, NASA, and UH Clear Lake make this a sought after location.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by BHGRE Gary Greene | $300,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
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This one story home is nestled under a majestic oak tree on quiet cul de sac. Many updates include wood
look ceramic tile, custom shades and plantation shutters, updated kitchen cabinets topped with gleaming
granite counters, and accented with slate and granite backsplash. Many lights have dimmer switches Single
oversized undermount sink. Over cabinet lighting and 2 banks of deep drawers reflects a well designed
kitchen. Primary bedroom and bath is steps from pool. Spread over a quarter acre the backyard adds so
much entertaining space. Large inground pool and spa. Covered patio and lots of grass for pets to romp.
There is a second covered area that contains a storage building and room for additional parking courtesy of
8ft wide gate. Per seller never flooded. Zoned to desirable CCISD. Nearby shopping, restaurants, medical
facilities, NASA, and UH Clear Lake make this a sought after location.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Clear Lake
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Last Updated: 6 months ago
Data Source: HAR , MLS# 18736749
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