$2,150,000 Last Listed Price
●
House -
Off Market
43 Manor Lake Estates Drive
Spring, TX 77379
5 Beds
6 Baths,
2
Half Baths
7,838 Ft²
$13,831
Est. Monthly
$125
HOA / Fees
About This Property
Spectacular lakefront Estate in the sought after gated Manor Lake
Estates section on 1.5 lots, striking stack-stone elevation with
coach gas lanterns. Impressive double wrought iron front doors,
foyer features a decorative wrought iron spiral staircase, 2-story
study w/built-ins, formal dining room, crown molding, gleaming
hardwoods throughout! Butler's pantry with wine fridge, spacious
den w/ gas log fireplace, wall of built-ins overlooking the
gorgeous lake. Custom chef's kitchen; 2 islands, double oven,
Thermidor gas range. Family room also has gas log fireplace.
Upstairs features 4 spacious bedrooms, 2 game rooms, media room,
and the perfect space for a workout room. Elegant outdoor living w/
travertine decking, hardwood ceilings, stacked-stone coping,
fishing dock, outdoor kitchen, full outdoor pool bath, magnificent
pool w/water features, raised spa, looking onto a 16-acre Manor
Lake as your backdrop, within premier master planned community of
Gleannloch Farms.
Unit Size
7,838 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$274
Property Type
House
Property Taxes
$3,149
HOA Dues
$125
Year Built
2007
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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 #77595307)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $2,150,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
| | |||
|
Spectacular lakefront Estate in the sought after gated Manor Lake Estates section on 1.5 lots, striking stack-stone elevation with coach gas lanterns. Impressive double wrought iron front doors, foyer features a decorative wrought iron spiral staircase, 2-story study w/built-ins, formal dining room, crown molding, gleaming hardwoods throughout! Butler’s pantry with wine fridge, spacious den w/ gas log fireplace, wall of built-ins overlooking the gorgeous lake. Custom chef’s kitchen; 2 islands, double oven, Thermidor gas range. Family room also has gas log fireplace. Upstairs features 4 spacious bedrooms, 2 game rooms, media room, and the perfect space for a workout room. Elegant outdoor living w/ travertine decking, hardwood ceilings, stacked-stone coping, fishing dock, outdoor kitchen, full outdoor pool bath, magnificent pool w/water features, raised spa, looking onto a 16-acre Manor Lake as your backdrop, within premier master planned community of Gleannloch Farms.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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HOA + Taxes
About Gleannloch Farms
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Listed by: Connie Santiago, Better Homes and Gardens Real Estate Gary Greene - Champions
Last Updated: 4 months ago
Data Source: HAR , MLS# 77595307
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Last Updated: 4 months ago
Data Source: HAR , MLS# 77595307
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