$349,900 Last Listed Price
●
House -
Off Market
5707 Summerfield Lane
Spring, TX 77379
4 Beds
3 Baths
3,497 Ft²
$390,163
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Highly desirable floor plan with 2 bedrooms/2 full baths down, plus
2 more bedrooms & 1 bath up. Ideal for multi-generational living.
Great value for a custom made brick home- under $101/psf.
This beautiful home on corner lot in Terranova West has NEVER FLOODED, per seller. Light and bright remodeled kitchen, with all KitchenAid stainless steel appliances (refrigerator conveys), gas cooktop, large island & granite countertops. Formal living and dining rooms, breakfast rooms. Large master suite with his/her walk-in closets. Study features custom millwork & built-in shelving. Upstairs has two additional bedrooms, large media/game room with projection system (conveys) and a wet bar (fridge conveys).
Plus a BONUS room, useable as a potential second office/craft room. 12 acre park nearby. Acclaimed Klein school district. Roof replaced in 2016 & A/C replaced 2013. Home Inspection performed 9/15/21. Ready for quick closing/occupancy.
This beautiful home on corner lot in Terranova West has NEVER FLOODED, per seller. Light and bright remodeled kitchen, with all KitchenAid stainless steel appliances (refrigerator conveys), gas cooktop, large island & granite countertops. Formal living and dining rooms, breakfast rooms. Large master suite with his/her walk-in closets. Study features custom millwork & built-in shelving. Upstairs has two additional bedrooms, large media/game room with projection system (conveys) and a wet bar (fridge conveys).
Plus a BONUS room, useable as a potential second office/craft room. 12 acre park nearby. Acclaimed Klein school district. Roof replaced in 2016 & A/C replaced 2013. Home Inspection performed 9/15/21. Ready for quick closing/occupancy.
Unit Size
3,497 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$100
Property Type
House
Property Taxes
$617
HOA Dues
$68
Year Built
1990
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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 #60424969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by Abby Realty | $349,900 | |
| Listed by Abby Realty | |||
| | |||
|
Highly desirable floor plan with 2 bedrooms/2 full baths down, plus 2 more bedrooms & 1 bath up. Ideal for multi-generational living. Great value for a custom made brick home- under $101/psf.
This beautiful home on corner lot in Terranova West has NEVER FLOODED, per seller. Light and bright remodeled kitchen, with all KitchenAid stainless steel appliances (refrigerator conveys), gas cooktop, large island & granite countertops. Formal living and dining rooms, breakfast rooms. Large master suite with his/her walk-in closets. Study features custom millwork & built-in shelving. Upstairs has two additional bedrooms, large media/game room with projection system (conveys) and a wet bar (fridge conveys).
Plus a BONUS room, useable as a potential second office/craft room. 12 acre park nearby. Acclaimed Klein school district. Roof replaced in 2016 & A/C replaced 2013. Home Inspection performed 9/15/21. Ready for quick closing/occupancy.
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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 Terranova West
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Listed by: Kevin Williams, Abby Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 60424969
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Last Updated: 4 months ago
Data Source: HAR , MLS# 60424969
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