$370,000 Last Listed Price
●
House -
Off Market
31751 Summit Springs Lane
Spring, TX 77386
4 Beds
2 Baths,
1
Half Bath
2,536 Ft²
$2,594
Est. Monthly
$54
HOA / Fees
About This Property
Beautifully updated two-story gem offers 4 bedrooms, 2.5 baths,
2-car garage & sits on a spacious lot. On your left is the formal
dining room that leads to the kitchen w/granite countertops, SS
appliances & new cabinet hardware. The spacious living room offers
plenty of natural light, crown molding & surround sound. The
Primary bedroom boasts a luxurious ensuite w/double sinks, jetted
tub, separate shower & a large walk-in closet. Upstairs features a
game room, 3 bedrooms & a full bathroom. The home is equipped w/a
water softener system, a reverse osmosis line in the kitchen, NEW
engineered hardwood oak flooring throughout the first floor,
sprinkler system in the front & back. Freshly painted interior &
exterior! Step out into the backyard oasis w/a stunning covered
wood deck, swim spa w/a large relaxing hot tub, twinkle lights, &
ample yard space. This beautiful neighborhood is surrounded by
walking trails, many amenities, exemplary schools & easy access to
99, Hardy Toll Rd. & I-45!
Unit Size
2,536 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$146
Property Type
House
Property Taxes
$722
HOA Dues
$54
Year Built
2012
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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 #66036670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | No longer available | - | |
| No longer available | |||
| Mar 27, 2024 | Listed by Keller Williams Realty The Woodlands | $370,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
Beautifully updated two-story gem offers 4 bedrooms, 2.5 baths, 2-car garage & sits on a spacious lot. On your left is the formal dining room that leads to the kitchen w/granite countertops, SS appliances & new cabinet hardware. The spacious living room offers plenty of natural light, crown molding & surround sound. The Primary bedroom boasts a luxurious ensuite w/double sinks, jetted tub, separate shower & a large walk-in closet. Upstairs features a game room, 3 bedrooms & a full bathroom. The home is equipped w/a water softener system, a reverse osmosis line in the kitchen, NEW engineered hardwood oak flooring throughout the first floor, sprinkler system in the front & back. Freshly painted interior & exterior! Step out into the backyard oasis w/a stunning covered wood deck, swim spa w/a large relaxing hot tub, twinkle lights, & ample yard space. This beautiful neighborhood is surrounded by walking trails, many amenities, exemplary schools & easy access to 99, Hardy Toll Rd. & I-45!
| |||
| Feb 3, 2024 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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ft²
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About Montgomery
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Listed by: Janell Callihan, Keller Williams Realty The Woodlands
Last Updated: 4 months ago
Data Source: HAR , MLS# 66036670
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Last Updated: 4 months ago
Data Source: HAR , MLS# 66036670
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