$429,000 Last Listed Price
●
House -
Off Market
4535 Summer Lakes
Sugar Land, TX 77479
4 Beds
2 Baths,
1
Half Bath
2,743 Ft²
$438,903
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
GREAT INVESTMENT PROPERTY! Tenant occupied! lease expire on
6/30/2023! Nice two story home in Lakefield sought after
neighborhood; Walking distance to elementary school, zone for
awarded Fort Bend School district and top ranked Clements High. Two
story 4/2.5/2 home, Formal living and formal dining room, master
down, game room and 3 bedrooms up. Nice master bathroom; gourmet
kitchen w/granite counters, all stainless appliances; huge family
room w/built-ins; window seats in breakfast nook. no carpet in the
house. Engineering wood floor in downstairs living and
stairs, laminate floor in master bedroom & all upstairs (2017),
replaced roof(2011), one A/C(2016), dishwasher (2015); newer
fence 2021/2022, Water heater (2020), big backyard w/no back
neighbors; Great Community facilities for residents, national
standard swimming pool & water park for family to enjoy, move to
enjoy summer and new school! TAX rate only 2.1594%. NEVER FLOODED
per seller. SOLD AS IS
Unit Size
2,743 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$156
Property Type
House
Property Taxes
$483
HOA Dues
$68
Year Built
1994
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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 #96401771)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by Keller Williams Realty - Memor | $429,000 | |
| Listed by Keller Williams Realty - Memor | |||
| | |||
|
GREAT INVESTMENT PROPERTY! Tenant occupied! lease expire on 6/30/2023! Nice two story home in Lakefield sought after neighborhood; Walking distance to elementary school, zone for awarded Fort Bend School district and top ranked Clements High. Two story 4/2.5/2 home, Formal living and formal dining room, master down, game room and 3 bedrooms up. Nice master bathroom; gourmet kitchen w/granite counters, all stainless appliances; huge family room w/built-ins; window seats in breakfast nook. no carpet in the house. Engineering wood floor in downstairs living and stairs, laminate floor in master bedroom & all upstairs (2017), replaced roof(2011), one A/C(2016), dishwasher (2015); newer fence 2021/2022, Water heater (2020), big backyard w/no back neighbors; Great Community facilities for residents, national standard swimming pool & water park for family to enjoy, move to enjoy summer and new school! TAX rate only 2.1594%. NEVER FLOODED per seller. SOLD AS IS
| |||
| Aug 23, 2019 | No longer available | - | |
| No longer available | |||
| Jul 15, 2019 | No longer available | - | |
| No longer available | |||
| Jun 29, 2019 | Listed by Keller Williams - Houston Memorial | $329,900 | |
| Listed by Keller Williams - Houston Memorial | |||
| | |||
|
Upgraded home in Lakefield sought after neighborhood; Walking distance to elementary school, zone for awarded Fort Bend School district and top ranked Clements High. Two story 4/2.5/2 home, w/both formals, master down, game room and 3 bedrooms up. Remodeled master bathroom; gourmet kitchen w/granite counters; huge family room w/built-ins; window seats in breakfast nook. no carpet in the house. Upgrades include: Engineering wood floor in downstairs, New laminate floor in upstairs (2017), New paint in whole house, doors and stairs (2017), replaced roof(2011), one A/C(2016), dishwasher (2015); big backyard w/no back neighbors; Great Community facilities for residents, national standard swimming pool & water park for family to enjoy, shows pride of ownership, move to enjoy summer and new school! NEVER FLOODED per seller. The manager has listed the unit size as 2743 square feet.
| |||
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Property Highlights
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Fireplace
Building Info
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Listed On
Listed On
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About Lakefield
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Listed by: Xiao Liu Lin, Keller Williams Realty - Memor
Last Updated: 5 months ago
Data Source: HAR , MLS# 96401771
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Last Updated: 5 months ago
Data Source: HAR , MLS# 96401771
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