$1,199,900 Last Listed Price
●
House -
Off Market
5589 Cedar Creek Drive
Houston, TX 77056
5 Beds
4 Baths
3,519 Ft²
$1,558,155
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Classic 5 bedroom 4 bath one story home on lovely corner lot in
prestigious Tanglewood. Enter from the expansive front porch to an
inviting oversized gracious foyer with gleaming hardwood floors
that flows gracefully to the oversized living area with well
appointed finishes. The impressive size formal living is accented
with crown molding, recessed lighting, Plantation shutters and a
marble surround mock fireplace. The grand sized dining room is
light filled and accessible to the kitchen offering a butler's
pantry with glass cabinetry, recent double oven, gas stove top,
sub-zero refrigerator, granite counters and beautiful hardwood
floor. A private bedroom and bath off the breakfast area is great
for guests. Family room offers pegged hardwoods, beamed ceiling,
wall of windows with access to the private flagstone patio. Game
room with wet bar is adjacent to the family room. Private primary
bedroom with En-suite bath. Three additional gracious size
bedrooms. Priced below lot value.
Unit Size
3,519 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$341
Property Type
House
Property Taxes
$2,630
HOA Dues
$113
Year Built
2021
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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 #58467622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by BHGRE Gary Greene | $1,199,900 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Classic 5 bedroom 4 bath one story home on lovely corner lot in prestigious Tanglewood. Enter from the expansive front porch to an inviting oversized gracious foyer with gleaming hardwood floors that flows gracefully to the oversized living area with well appointed finishes. The impressive size formal living is accented with crown molding, recessed lighting, Plantation shutters and a marble surround mock fireplace. The grand sized dining room is light filled and accessible to the kitchen offering a butler's pantry with glass cabinetry, recent double oven, gas stove top, sub-zero refrigerator, granite counters and beautiful hardwood floor. A private bedroom and bath off the breakfast area is great for guests. Family room offers pegged hardwoods, beamed ceiling, wall of windows with access to the private flagstone patio. Game room with wet bar is adjacent to the family room. Private primary bedroom with En-suite bath. Three additional gracious size bedrooms. Priced below lot value.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Westside
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Listed by: Margaret Beach, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 58467622
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Last Updated: 5 months ago
Data Source: HAR , MLS# 58467622
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