$495,000 Last Listed Price
●
House -
Off Market
5522 Sterling Brook
Houston, TX 77041
4 Beds
3 Baths,
1
Half Bath
3,589 Ft²
$579,172
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Sought after Lakes on Eldridge home with a POOL. Spacious with high
ceilings & lots of natural light. No carpet in the home. Open floor
plan with kitchen open to den and views of the pool. Built-in
cabinets flank the fireplace in the large den. Gas cooktop in
the island and built-in oven. Covered back patio for shaded
lounging. Back yard has pool with rock waterfall, hot tub & lots of
grass left over for play or pets. Upstairs offers a large game room
with built-in cabinets & 3 additional bedrooms. Neighborhood known
for walking trails around the lakes where you can see ducks, hawks,
swans, turtles, and lovely trees. Amenities include a resort style
pool. Minutes from Energy Corridor employers, City Centre, Memorial
City Mall, and nearby Bear Creek Park.
Unit Size
3,589 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$138
Property Type
House
Property Taxes
$932
HOA Dues
$122
Year Built
1999
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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 #73646200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Compass RE Texas, LLC | $495,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Sought after Lakes on Eldridge home with a POOL. Spacious with high ceilings & lots of natural light. No carpet in the home. Open floor plan with kitchen open to den and views of the pool. Built-in cabinets flank the fireplace in the large den. Gas cooktop in the island and built-in oven. Covered back patio for shaded lounging. Back yard has pool with rock waterfall, hot tub & lots of grass left over for play or pets. Upstairs offers a large game room with built-in cabinets & 3 additional bedrooms. Neighborhood known for walking trails around the lakes where you can see ducks, hawks, swans, turtles, and lovely trees. Amenities include a resort style pool. Minutes from Energy Corridor employers, City Centre, Memorial City Mall, and nearby Bear Creek Park.
| |||
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 Lakes on Eldridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jordana Ford, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 73646200
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Last Updated: 5 months ago
Data Source: HAR , MLS# 73646200
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