$535,000 Last Listed Price
●
House -
Off Market
5421 Lakeshore Drive
Willis, TX 77318
5 Beds
3 Baths,
1
Half Bath
3,462 Ft²
$3,599
Est. Monthly
$44
HOA / Fees
About This Property
Want to live in a lakefront neighborhood? This lovely 5 bedroom
(possibly 7), 3 bath (with pool 1/2 bath) custom built home may be
just what you are looking for and it is move in ready. The
possibilities are endless, the primary bedroom and an additional
room with a closet (owner used one as office) are located
downstairs which allows for many options. There is also a flex room
with a closet that could be used as an additional bedroom if
needed. The kitchen is a functional balance of beauty, comfort and
convenience featuring stainless steel appliances plus loads of
cabinets with pull outs and granite countertops. Owners retreat is
complete with ensuite bath offering dual sinks, separate shower and
soaking tub plus a large walk in closet with built ins. Swim or sit
in the pool/hot tub while dinner is prepared in this backyard
paradise with summer kitchen included. This is truly a place
where you can hang your heart and must be seen to be truly
appreciated.
Unit Size
3,462 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$155
Property Type
House
Property Taxes
$928
HOA Dues
$44
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: 6 months ago (HAR #4974377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $535,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
| | |||
|
Want to live in a lakefront neighborhood? This lovely 5 bedroom (possibly 7), 3 bath (with pool 1/2 bath) custom built home may be just what you are looking for and it is move in ready. The possibilities are endless, the primary bedroom and an additional room with a closet (owner used one as office) are located downstairs which allows for many options. There is also a flex room with a closet that could be used as an additional bedroom if needed. The kitchen is a functional balance of beauty, comfort and convenience featuring stainless steel appliances plus loads of cabinets with pull outs and granite countertops. Owners retreat is complete with ensuite bath offering dual sinks, separate shower and soaking tub plus a large walk in closet with built ins. Swim or sit in the pool/hot tub while dinner is prepared in this backyard paradise with summer kitchen included. This is truly a place where you can hang your heart and must be seen to be truly appreciated.
| |||
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 Seven Coves
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Wendy Welsh, Coldwell Banker Realty - Lake Conroe/Willis
Last Updated: 6 months ago
Data Source: HAR , MLS# 4974377
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Last Updated: 6 months ago
Data Source: HAR , MLS# 4974377
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