$399,000 Last Listed Price
●
House -
Off Market
302 Raintree Lane
Lake Jackson, TX 77566
4 Beds
2 Baths,
1
Half Bath
2,349 Ft²
$397,516
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Look at this spectacular two story, Victorian style home on a cul
de sac with a lovely front porch. The double wide driveway leads to
a two car attached garage and added parking for a boat or RV behind
the gate. The fully fenced backyard features mature trees and a
screened in porch. As you enter the foyer, set your eyes on the
wainscoting, base boards and crown molding. The kitchen has double
ovens, gas range, quartz countertops and opens to the living room.
Small workshop within the garage and a laundry shoot located
upstairs! The primary suite is conveniently located downstairs and
features an ensuite bathroom with double sink w/ vanity, water
closet, two separate closets and an oversized walk-in shower. An
additional 351 sf room is located just off the garage featuring a
window unit, bay windows overlooking the backyard and double
closets. Three upstairs bedrooms with full bath. No HOA.
Don't miss this opportunity!
Unit Size
2,349 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$170
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1982
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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 #69883070)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Malone Real Estate Group | $399,000 | |
| Listed by Malone Real Estate Group | |||
| | |||
|
Look at this spectacular two story, Victorian style home on a cul de sac with a lovely front porch. The double wide driveway leads to a two car attached garage and added parking for a boat or RV behind the gate. The fully fenced backyard features mature trees and a screened in porch. As you enter the foyer, set your eyes on the wainscoting, base boards and crown molding. The kitchen has double ovens, gas range, quartz countertops and opens to the living room. Small workshop within the garage and a laundry shoot located upstairs! The primary suite is conveniently located downstairs and features an ensuite bathroom with double sink w/ vanity, water closet, two separate closets and an oversized walk-in shower. An additional 351 sf room is located just off the garage featuring a window unit, bay windows overlooking the backyard and double closets. Three upstairs bedrooms with full bath. No HOA. Don't miss this opportunity!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Lake Jackson
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Listed by: Rachael Garnett, Malone Real Estate Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 69883070
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69883070
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