$390,000 Last Listed Price
●
House -
Off Market
5711 Summerfield Lane
Spring, TX 77379
4 Beds
3 Baths,
1
Half Bath
2,967 Ft²
$395,345
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Stunning two-story home, located in Terranova West. Timeless brick
exterior with extra-long driveway and 2 car garage. Immaculately
maintained hardwood floors welcome you into this home. Plantation
shutters throughout. Formal dining offers plenty of room for
oversized furniture. Living room open to dining room and features
stunning brick fireplace, an entertainer's dream! Kitchen features
granite countertops, gas cooktop, electric oven, built in wine
cabinet & cooler, and plenty of cabinets for all of your storage
needs. Breakfast room open to kitchen. Primary suite complete w/
large walk-in closet, frameless glass shower, and extensive vanity
area. Secondary story equipped with massive game room. Perfect
entertainment spot for guests and family. All secondary bedrooms
are generously sized. Enormous covered back patio overlooks a
gorgeous in-ground pool and spa with mature landscaping. Backyard
is huge w/ plenty of room for guests, children, pets, and whatever
else your heart desires!
Unit Size
2,967 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$131
Property Type
House
Property Taxes
$580
HOA Dues
$68
Year Built
1989
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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 #59559921)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by CB&A, Realtors | $390,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Stunning two-story home, located in Terranova West. Timeless brick exterior with extra-long driveway and 2 car garage. Immaculately maintained hardwood floors welcome you into this home. Plantation shutters throughout. Formal dining offers plenty of room for oversized furniture. Living room open to dining room and features stunning brick fireplace, an entertainer's dream! Kitchen features granite countertops, gas cooktop, electric oven, built in wine cabinet & cooler, and plenty of cabinets for all of your storage needs. Breakfast room open to kitchen. Primary suite complete w/ large walk-in closet, frameless glass shower, and extensive vanity area. Secondary story equipped with massive game room. Perfect entertainment spot for guests and family. All secondary bedrooms are generously sized. Enormous covered back patio overlooks a gorgeous in-ground pool and spa with mature landscaping. Backyard is huge w/ plenty of room for guests, children, pets, and whatever else your heart desires!
| |||
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 Terranova West
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Listed by: Stephanie Mellor, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 59559921
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Last Updated: 4 months ago
Data Source: HAR , MLS# 59559921
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