$360,000 Last Listed Price
●
House -
Off Market
3523 Southbrook Drive
Shoreacres, TX 77571
4 Beds
3 Baths
1,869 Ft²
$447,651
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Welcome home, your new home is nestled on over 1/2 acre and offers
bay views, guest quarters, a private swimming pool, spa, workshop,
2 car carport, 2 car detached garage and an ELEVATOR!!! It has 3
bedrooms and 2 bathrooms in the main house and a full separate
garage apartment with kitchen and full bathroom. The large
private pool and spa combined with huge fully fenced backyard is
perfect for our hot summer days. The home was built in 2012
with budget in mind. The higher elevation, low flow toilets,
energy efficient appliances, HVAC and double paned windows help
keep the bills low and allows for the owner to enjoy the home more.
Live in the home and rent out the garage apartment for
income generating opportunities. Make sure to click on the
movie reel icon to walk through the home using the matterport tour.
Unit Size
1,869 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$193
Property Type
House
Property Taxes
$614
HOA Dues
$13
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: 5 months ago (HAR #55300810)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by Red Diamond Realty | $375,000 | |
| Listed by Red Diamond Realty | |||
| | |||
|
Paradise Found! Located in LaPorte on 1/2 acre with views of the Bay, this adorable home offers guest quarters, a workshop, an elevator, and a heated pool. The garage apartment offers a full bath and kitchen. relax in your private pool and spa. Built-in 2012 You will love the energy-efficient double pane windows and low flow toilets. Updates include appliances, vanities, exotic granite in the kitchen, and under mount kitchen sink. The elevation allows for affordable flood insurance. Lots of outdoor decks to enjoy the sun and the breezes. A screened-in relaxation area is also perfect for that laid-back lifestyle this home offers. Call today for a private tour.
| |||
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 24, 2021 | Listed by REALM Real Estate Professional | $360,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Welcome home, your new home is nestled on over 1/2 acre and offers bay views, guest quarters, a private swimming pool, spa, workshop, 2 car carport, 2 car detached garage and an ELEVATOR!!! It has 3 bedrooms and 2 bathrooms in the main house and a full separate garage apartment with kitchen and full bathroom. The large private pool and spa combined with huge fully fenced backyard is perfect for our hot summer days. The home was built in 2012 with budget in mind. The higher elevation, low flow toilets, energy efficient appliances, HVAC and double paned windows help keep the bills low and allows for the owner to enjoy the home more. Live in the home and rent out the garage apartment for income generating opportunities. Make sure to click on the movie reel icon to walk through the home using the matterport tour.
| |||
Property Highlights
Elevator
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Shoreacres
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Listed by: Kelli Owens, REALM Real Estate Professional
Last Updated: 5 months ago
Data Source: HAR , MLS# 55300810
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Last Updated: 5 months ago
Data Source: HAR , MLS# 55300810
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