$795,000 Last Listed Price
●
House -
Off Market
8408 Lofland Drive
Houston, TX 77055
3 Beds
2 Baths
2,273 Ft²
$813,353
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Updated Mid Century Ranch in Spring Valley on a fantastic contoured
lot. Great kitchen with custom concrete counter tops and well
equipped with appliances. There is a Gallery that overlooks the
massive backyard with a ravine-like feel, or step out onto the
large patio and enjoy the view and nature. Back inside the the
primary bath has been updated and the primary bedroom has access to
the back patio. This house is ready to become a home.
Unit Size
2,273 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$350
Property Type
House
Property Taxes
$1,302
HOA Dues
-
Year Built
1953
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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 #89474178)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by HomeSmart | $984,000 | |
| Listed by HomeSmart | |||
| | |||
|
Welcome Home!! Beautifully undated three bedroom, two bath home on a huge 17,931 sq ft lot. The home has been painted inside and out, new gutters with screens, new sprinkler system, new custom stained fence, recessed lighting added, new fans, new hardware on doors and much more. The laundry room is now located in the home with a new mini-split and a tankless water heater. Enjoy entertaining outside with a large covered patio and park-like setting. Walking distance to Elementary school and park. Close to amazing dining, great shopping, hospitals, and zoned to top Spring Branch Schools including Memorial High School. A must see!
| |||
| Jul 29, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Green Seed Realty | $795,000 | |
| Listed by Green Seed Realty | |||
| | |||
|
Updated Mid Century Ranch in Spring Valley on a fantastic contoured lot. Great kitchen with custom concrete counter tops and well equipped with appliances. There is a Gallery that overlooks the massive backyard with a ravine-like feel, or step out onto the large patio and enjoy the view and nature. Back inside the the primary bath has been updated and the primary bedroom has access to the back patio. This house is ready to become a home.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Houston
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Listed by: Marty Roper, Green Seed Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 89474178
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89474178
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