$299,980 Last Listed Price
●
House -
Off Market
3807 Shipman Lane
Spring, TX 77388
4 Beds
2 Baths,
1
Half Bath
2,384 Ft²
$318,245
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Adorable 4/2.5/2 car detached home nestled in the popular
Cypresswood Subdivision. High vaulted ceiling in living space.
Floor to ceiling brick fireplace makes a nice warm focal point in
living room. Wet bar. Nice granite in kitchen with stone tile
backsplash and breakfast bar. Spacious breakfast space. Large
laundry room in home on first floor. Primary bedroom with 2 closets
large granite vanity. New patio doors that open to new patio deck
to enjoy your coffee. Upstairs starts with open loft game room. 3
bedrooms on second floor with large closets, new blinds, and new
carpet and paint. Upstairs full bathroom with new paint and granite
countertops. New exterior and interior paint throughout. All new
siding. New pex plumbing throughout. New AC condenser. New carpet
in all the bedrooms, new laminate in living and dining room. Nice
covered back patio. Mature trees and fresh new landscaping.
Unit Size
2,384 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$126
Property Type
House
Property Taxes
$386
HOA Dues
$45
Year Built
1976
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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: 6 months ago (HAR #55102630)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by Ironwood Realty | $299,980 | |
| Listed by Ironwood Realty | |||
| | |||
|
Adorable 4/2.5/2 car detached home nestled in the popular Cypresswood Subdivision. High vaulted ceiling in living space. Floor to ceiling brick fireplace makes a nice warm focal point in living room. Wet bar. Nice granite in kitchen with stone tile backsplash and breakfast bar. Spacious breakfast space. Large laundry room in home on first floor. Primary bedroom with 2 closets large granite vanity. New patio doors that open to new patio deck to enjoy your coffee. Upstairs starts with open loft game room. 3 bedrooms on second floor with large closets, new blinds, and new carpet and paint. Upstairs full bathroom with new paint and granite countertops. New exterior and interior paint throughout. All new siding. New pex plumbing throughout. New AC condenser. New carpet in all the bedrooms, new laminate in living and dining room. Nice covered back patio. Mature trees and fresh new landscaping.
| |||
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jul 9, 2022 | Listed by RE/MAX RESULTS | $200,000 | |
| Listed by RE/MAX RESULTS | |||
| | |||
|
Endless possibilities, owner has started to remodel now the rest is left to your imagination. Great layout, lots of space. Oversized living area with vaulted ceiling, lots of natural light and beautiful wood beam along with a wet bar. Kitchen features breakfast bar and breakfast area and a formal dining room for plenty of space to entertain. Primary bedroom is good sized and features a sliding door open to a private courtyard area, bath has been updated and is light and airy. 3 secondary bedrooms upstairs along with a game room area. Call a Realtor today to schedule a showing.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Cypresswood
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Listed by: Melissa Shechter, Ironwood Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 55102630
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Last Updated: 6 months ago
Data Source: HAR , MLS# 55102630
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