$250,000 Last Listed Price
●
House -
Off Market
5215 Bailey Lane
Alvin, TX 77511
3 Beds
2 Baths
1,702 Ft²
$1,815
Est. Monthly
$57
HOA / Fees
About This Property
Welcome home to 5215 Bailey Lane in the Northe Pointe Trails
community! This 3 bedroom, 2 bath, one story ranch style home
sits on a corner lot, with a well maintained, landscaped yard, and
wait until you see the back patio! This home has easy care flooring
throughout, a large living room with an elegant corner fireplace
for quality time with the family. The kitchen is a chef's dream,
with top-end appliances, beautiful granite countertops and
backsplash, a huge breakfast bar, and ample counter space for meal
preparation. The generously sized primary bedroom offers a walk in
closet and a private bathroom with a separate shower and soaking
tub. The other 2 bedrooms are equally spacious and comfortable.
Whether you're sipping morning coffee or hosting a barbecue, the
back covered patio space is sure to be a favorite! Fully fenced
back yard offers privacy with lots of space for those weekend
gatherings! You are going to love this rare 1 story find. Call and
schedule your own private tour.
Unit Size
1,702 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$147
Property Type
House
Property Taxes
$530
HOA Dues
$57
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 #40655519)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Compass RE Texas, LLC - Katy | $250,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
| | |||
|
Welcome home to 5215 Bailey Lane in the Northe Pointe Trails community! This 3 bedroom, 2 bath, one story ranch style home sits on a corner lot, with a well maintained, landscaped yard, and wait until you see the back patio! This home has easy care flooring throughout, a large living room with an elegant corner fireplace for quality time with the family. The kitchen is a chef's dream, with top-end appliances, beautiful granite countertops and backsplash, a huge breakfast bar, and ample counter space for meal preparation. The generously sized primary bedroom offers a walk in closet and a private bathroom with a separate shower and soaking tub. The other 2 bedrooms are equally spacious and comfortable. Whether you're sipping morning coffee or hosting a barbecue, the back covered patio space is sure to be a favorite! Fully fenced back yard offers privacy with lots of space for those weekend gatherings! You are going to love this rare 1 story find. Call and schedule your own private tour.
| |||
Property Highlights
Fireplace
Garage
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
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Pointe Trails
Similar Homes for Sale
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Listed by: Jamie McMartin, Compass RE Texas, LLC - Katy
Last Updated: 4 months ago
Data Source: HAR , MLS# 40655519
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Last Updated: 4 months ago
Data Source: HAR , MLS# 40655519
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