$285,000 Last Listed Price
●
House -
Off Market
3803 Mackinac Lane
Pasadena, TX 77505
3 Beds
2 Baths
1,670 Ft²
$1,827
Est. Monthly
About This Property
Welcome home to Fairmont Meadows! This beautifully renovated
property offers buyer piece of mind knowing house is brought up to
code with City of Pasadena permits! All new PEX plumbing, brand new
water heater, updates to electrical system including new breakers.
Roof just 4 months old, including all new decking. Brand new HVAC
system, all new windows, and all new insulation in attic making
this perfect home for energy efficiency! Inside you will find brand
new stainless steel appliances, quartz countertops, beautiful wall
to shower Indian Porcelain tile in both restrooms and much more.
Enjoy making this home years with the convenience of close by
restaurants and shopping with just minutes from beltway 8, 45 Gulf
Freeway and 225.
Unit Size
1,670 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$171
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1979
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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 #52599648)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Listed by Vive Realty LLC | $285,000 | |
| Listed by Vive Realty LLC | |||
| | |||
|
Welcome home to Fairmont Meadows! This beautifully renovated property offers buyer piece of mind knowing house is brought up to code with City of Pasadena permits! All new PEX plumbing, brand new water heater, updates to electrical system including new breakers. Roof just 4 months old, including all new decking. Brand new HVAC system, all new windows, and all new insulation in attic making this perfect home for energy efficiency! Inside you will find brand new stainless steel appliances, quartz countertops, beautiful wall to shower Indian Porcelain tile in both restrooms and much more. Enjoy making this home years with the convenience of close by restaurants and shopping with just minutes from beltway 8, 45 Gulf Freeway and 225.
| |||
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Coldwell Banker Realty | $190,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Oppurtunity knocks, Desiable subdivision of Indepence Place. This home has 3 bedrooms 2 full bathrooms located on a nice sized lot. Spacious kitchen open to living room with gas burning fireplace. So much potential, make this your primary residence or investment property.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Independence Place
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Listed by: Andrea Huerta, Vive Realty LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 52599648
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Last Updated: 4 months ago
Data Source: HAR , MLS# 52599648
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