$275,000 Last Listed Price
●
House -
Off Market
5201 Bailey Lane
Alvin, TX 77511
3 Beds
2 Baths
2,021 Ft²
$2,009
Est. Monthly
$29
HOA / Fees
About This Property
Welcome home to 5201 Bailey Lane of Alvin. You are going to
love all this completely updated one story, ranch style floorplan
has to offer with it's 3 bedrooms, 2 full baths, gameroom, home
office, open living rooms and kitchen and lots of green grass in
the backyard with no backing neighbors. This home has been
remodeled with beautiful flooring, sparkling new counters, new
kitchen appliances and designer paint. There is so much
natural light that fills the home with a cozy, comfortable feel
throughout. Your primary suite is a perfect place for you to
retreat and relax. The primary bath has been updated with a
designer feel offering a deep soaking tub and walk-in shower.
The location is perfect with easy access to all shopping,
dining and entertainment that the area has to offer. Call
today to schedule your own private showing and come see how great
this home is for you.
Unit Size
2,021 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$136
Property Type
House
Property Taxes
$629
HOA Dues
$29
Year Built
2006
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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 #83781906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Oct 24, 2023 | Listed by Compass RE Texas, LLC - Katy | $275,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
| | |||
|
Welcome home to 5201 Bailey Lane of Alvin. You are going to love all this completely updated one story, ranch style floorplan has to offer with it's 3 bedrooms, 2 full baths, gameroom, home office, open living rooms and kitchen and lots of green grass in the backyard with no backing neighbors. This home has been remodeled with beautiful flooring, sparkling new counters, new kitchen appliances and designer paint. There is so much natural light that fills the home with a cozy, comfortable feel throughout. Your primary suite is a perfect place for you to retreat and relax. The primary bath has been updated with a designer feel offering a deep soaking tub and walk-in shower. The location is perfect with easy access to all shopping, dining and entertainment that the area has to offer. Call today to schedule your own private showing and come see how great this home is for you.
| |||
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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Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About North Pointe Trails
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Listed by: Jamie McMartin, Compass RE Texas, LLC - Katy
Last Updated: 4 months ago
Data Source: HAR , MLS# 83781906
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Last Updated: 4 months ago
Data Source: HAR , MLS# 83781906
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