$1,997,000 Last Listed Price
●
House -
Off Market
2 Lorrielake Lane
Houston, TX 77024
5 Beds
4 Baths,
1
Half Bath
5,139 Ft²
$2,285,449
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Stunning Sandalwood cul-de-sac home just steps from Lorrie Lake!
Inviting entry & formals feature gleaming hardwood floors, high
ceilings & transom windows. Gracious family room with 15ft vaulted
ceiling has extensive built-ins & opens to the covered outdoor
patio & sparking pool for easy entertaining. The island kitchen
(appliances 2017) features elegant finishes & is a wonderful
gathering space. The adjacent breakfast room has lovely backyard
views & opens to the family room. Primary bedroom & bath were
updated (2017) with a contemporary flare with a freestanding tub.
The primary suite includes two huge closets & a flexible
sunroom/study/exercise room. The flex room has a wall of built-ins
& windows offering wonderful backyard views. The gameroom has a
chalkboard wall & built-ins. 5 bedrooms, 4.5 baths plus a pool
cabana with full bath. Whole house generator. Sandalwood enjoys 3
community lakes for fishing, boating, swimming & walking trails.
All info per Seller.
Unit Size
5,139 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$389
Property Type
House
Property Taxes
$3,368
HOA Dues
$133
Year Built
1983
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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 #75685899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by Greenwood King Properties | $1,997,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Stunning Sandalwood cul-de-sac home just steps from Lorrie Lake! Inviting entry & formals feature gleaming hardwood floors, high ceilings & transom windows. Gracious family room with 15ft vaulted ceiling has extensive built-ins & opens to the covered outdoor patio & sparking pool for easy entertaining. The island kitchen (appliances 2017) features elegant finishes & is a wonderful gathering space. The adjacent breakfast room has lovely backyard views & opens to the family room. Primary bedroom & bath were updated (2017) with a contemporary flare with a freestanding tub. The primary suite includes two huge closets & a flexible sunroom/study/exercise room. The flex room has a wall of built-ins & windows offering wonderful backyard views. The gameroom has a chalkboard wall & built-ins. 5 bedrooms, 4.5 baths plus a pool cabana with full bath. Whole house generator. Sandalwood enjoys 3 community lakes for fishing, boating, swimming & walking trails. All info per Seller.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
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Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Westside
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Listed by: Rebecca Andress, Greenwood King Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 75685899
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Last Updated: 4 months ago
Data Source: HAR , MLS# 75685899
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