$314,500 Last Listed Price
●
House -
Off Market
418 Cedar Lane
El Lago, TX 77586
4 Beds
2 Baths
2,490 Ft²
$313,642
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Experience the ultimate in entertaining and relaxation in this
stunning home. The warm, welcoming interior features
well-proportioned rooms, a formal living/dining area, generous
family room, and a bonus room complete with a brick fireplace. The
heart of the home, the kitchen, has been newly renovated and offers
stainless appliances, quartz countertops, tile backsplash, recessed
lighting, over-the-range microwave, and gas range. The comfortably
sized owner's suite is an oasis of peace and relaxation, complete
with an ensuite bathroom and a walk-in closet. The primary bathroom
has also been recently remodeled, featuring a beautifully appointed
walk-in shower with frameless glass door, and double vanity. The
home also boasts newly installed laminate floors throughout the
main living spaces. Enjoy the beautiful backyard complete with a
covered patio, and keep your tools organized in the spacious 2-car
breezeway garage.
Unit Size
2,490 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$126
Property Type
House
Property Taxes
$803
HOA Dues
$5
Year Built
1963
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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 #58691890)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by Nan & Company PropertiesChristie's International R | $314,500 | |
| Listed by Nan & Company PropertiesChristie's International R | |||
| | |||
|
Experience the ultimate in entertaining and relaxation in this stunning home. The warm, welcoming interior features well-proportioned rooms, a formal living/dining area, generous family room, and a bonus room complete with a brick fireplace. The heart of the home, the kitchen, has been newly renovated and offers stainless appliances, quartz countertops, tile backsplash, recessed lighting, over-the-range microwave, and gas range. The comfortably sized owner's suite is an oasis of peace and relaxation, complete with an ensuite bathroom and a walk-in closet. The primary bathroom has also been recently remodeled, featuring a beautifully appointed walk-in shower with frameless glass door, and double vanity. The home also boasts newly installed laminate floors throughout the main living spaces. Enjoy the beautiful backyard complete with a covered patio, and keep your tools organized in the spacious 2-car breezeway garage.
| |||
Property Highlights
Fireplace
Garage
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 El Lago
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Listed by: Yvonne Pruneda, Nan & Company PropertiesChristie's International R
Last Updated: 5 months ago
Data Source: HAR , MLS# 58691890
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Last Updated: 5 months ago
Data Source: HAR , MLS# 58691890
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