$270,000
●
House -
Off Market
3002 MOUNTAIN FOREST
Spring Branch, TX 78070
4 Beds
2 Baths
$476,880
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model
About This Property
Majestic oaks&panoramic views!Heavily treed aprox
1.16acres!Long curved asphalt driveway & side
driveway!Beautifully designed!Decorative niches!High
ceilings!Stepped-up ceilings!Rounded corners!Decorative accent
walls!Aprox 8ft high windows w/breathtaking views!Premier island
kitchen w/breakfast bar!Custom tile
backsplash&countertops!Builtin microwave&oven!Smoothtop
cooktop!Beautiful tile&glassblock
shower!Gardentub&glassblock windows!Surroundsound+outdoor
speakers!Cov.patio&deck w/hottub!3page list xtras!
Unit Size
-
Days on Market
-
Land Size
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Price per sqft
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Property Type
House
Property Taxes
$388
HOA Dues
$6
Year Built
2001
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Cap Rate Calculator
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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 (LERA #647227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2017 | Listed | $292,999 | |
| Listed | |||
| | |||
|
Delightful Hill Country Style one story on a quiet cul-de-sac. The open floor plan let's everyone feel included and is ideal for gatherings or entertaining. Step in to the entry and be greeted with an amazing Hill Country view. The kitchen pops with white cabinets and includes an island and breakfast bar. The master suite is private and split from the other bedrooms. Large deck and covered patio allow you to enjoy your private Hill Country view.The manager has listed the unit size as 2131 square feet.
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| Oct 8, 2013 | Sold | ||
| Sold | |||
| Aug 13, 2013 | Listed by Alamo Area, REALTORS | $252,900 | |
| Listed by Alamo Area, REALTORS | |||
| | |||
|
1 STORY IN CREEKWOOD RANCHES SUBDIV ON 1.16 ACRES. 2131 S/F PER TAX OFC; 4 BDRM/2 BTH/ 2 CAR GAR; OPEN FLOOR PLAN W/ SEPARATE DINING+ FIREPLACE IN LIVING AREA; ISLAND KITCHEN; FRESH PAINT, NEW CARPET (8/14/2013), NEW APPLIANCES; COVERED PATIO & DECK WITH COUNTRY VIEW & HOT TUB; THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE FOR A LITTLE AS 3% DOWN; THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING AND HOMEPATH RENOVATION. See Associated Docs:Addendum,Resale Certificate,Owner Certificate.
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| Aug 20, 2007 | Sold | ||
| Sold | |||
| Apr 11, 2007 | Listed by SATEX Properties, Inc. | $274,950 | |
| Listed by SATEX Properties, Inc. | |||
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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About Creekwood Ranches
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Listed by: Sylvia Moths, SATEX Properties, Inc.
Last Updated: 4 months ago
Data Source: LERA, MLS# 647227
Last Updated: 4 months ago
Data Source: LERA, MLS# 647227
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