$248,000 Last Listed Price
●
House -
Off Market
3638 Shipman Lane
Spring, TX 77388
3 Beds
2 Baths
2,723 Ft²
$315,466
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Victorian 1.5 story on cul de sac. Covered front porch with swing
welcomes you home. Floor to ceiling brick fireplace is a focal
point of the living room with block wood paneling. Carpet (2020)
Light streams through window over S.S. kitchen sink. Smooth
top range and dble oven. Spacious breakfast area w/ glass doors
offers backyard view. Wet bar off the dining room. Private study or
sitting room off the primary bedroom. Walk out to covered patio
for your morning coffee from the primary bedroom. Ensuite
bath with dual sinks and His and Hers closets. Bedrooms w/ spiced
oak laminate flooring (2020). Extra bedroom up in attic converted
space not part of reported s.f. Guest Quarters for
multigenerational living. Includes kitchen, living room, loft, full
bath and stackable W/D. Large flex space/gameroom above the garage.
A/C (2018) Furnace (2019) BBQ on the covered patio area. Parklike
setting with playset. Access the greenbelt. trails from your
backyard. Huge cul de sac lot.
Unit Size
2,723 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$91
Property Type
House
Property Taxes
$523
HOA Dues
$43
Year Built
1981
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #85443983)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2022 | Sold | ||
| Sold | |||
| Nov 15, 2022 | Listed by Weichert,REALTORS-Murray Group | $299,500 | |
| Listed by Weichert,REALTORS-Murray Group | |||
| | |||
|
When walking into the front door of this Victorian style home you are greeted with a floor to ceiling fireplace in the family room. There is no shortage of natural light throughout the home. A wet bar is located in the dining area that opens up to a large kitchen/breakfast area that has a wall of windows and vaulted ceilings with a beautiful wood ceiling. The kitchen offers double ovens and access to the oversized laundry room. The primary bedroom has a private sitting area that can be used as an office space. Doors leading to the outside patio are also located in the primary bedroom. There is a converted room upstairs that could be used for a game room or second living space and has the option for a bathroom upstairs if wanted. There is a garage apartment that includes a full working kitchen, living space, bedroom and bathroom. There is also a stackable washer and dryer that is included. Above the garage is a large flex space as well. The options are endless in this home!!
| |||
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Dec 12, 2020 | Listed by Keller Williams Realty | $248,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Victorian 1.5 story on cul de sac. Covered front porch with swing welcomes you home. Floor to ceiling brick fireplace is a focal point of the living room with block wood paneling. Carpet (2020) Light streams through window over S.S. kitchen sink. Smooth top range and dble oven. Spacious breakfast area w/ glass doors offers backyard view. Wet bar off the dining room. Private study or sitting room off the primary bedroom. Walk out to covered patio for your morning coffee from the primary bedroom. Ensuite bath with dual sinks and His and Hers closets. Bedrooms w/ spiced oak laminate flooring (2020). Extra bedroom up in attic converted space not part of reported s.f. Guest Quarters for multigenerational living. Includes kitchen, living room, loft, full bath and stackable W/D. Large flex space/gameroom above the garage. A/C (2018) Furnace (2019) BBQ on the covered patio area. Parklike setting with playset. Access the greenbelt. trails from your backyard. Huge cul de sac lot.
| |||
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 Cypresswood
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Diane Bowdoin, Keller Williams Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 85443983
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 4 months ago
Data Source: HAR , MLS# 85443983
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017