$1,429,000 Last Listed Price
●
House -
Off Market
8500 Cedarbrake Drive
Spring Valley Village, TX 77055
4 Beds
4 Baths
3,861 Ft²
$8,967
Est. Monthly
About This Property
Charming brick home welcomes your guests at the end of the
cul-de-sac. As you enter the great room, you are drawn to serene
views of the backyard. The great room flows to island kitchen &
breakfast area. Discover your dream backyard for entertaining
family and friends with an expansive deck, covered patio, and
sparkling pool. The property enjoys an extra parcel of land
(2,625SF per HCAD) that adds privacy to the pie shaped lot.
Envision morning coffee in the delightful sitting room of the
primary suite overlooking the exquisite gardens. This versatile
home can adjust to your needs; the primary suite sitting room can
be flex space, exercise room, or office, & the SECOND BEDROOM DOWN
can be study or guest suite. The garage boasts cabinets, storage
lift & additional carport spaces for your hobbies. Meticulously
maintained! Live, work, play in Spring Valley Village, one of six
Memorial Villages with independent police & fire. Zoned to
desirable SBISD schools (buyer to verify eligibility).
Unit Size
3,861 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,950
HOA Dues
-
Year Built
1991
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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 #87741497)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by Greenwood King Properties - Voss Office | $1,429,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
| | |||
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Charming brick home welcomes your guests at the end of the cul-de-sac. As you enter the great room, you are drawn to serene views of the backyard. The great room flows to island kitchen & breakfast area. Discover your dream backyard for entertaining family and friends with an expansive deck, covered patio, and sparkling pool. The property enjoys an extra parcel of land (2,625SF per HCAD) that adds privacy to the pie shaped lot. Envision morning coffee in the delightful sitting room of the primary suite overlooking the exquisite gardens. This versatile home can adjust to your needs; the primary suite sitting room can be flex space, exercise room, or office, & the SECOND BEDROOM DOWN can be study or guest suite. The garage boasts cabinets, storage lift & additional carport spaces for your hobbies. Meticulously maintained! Live, work, play in Spring Valley Village, one of six Memorial Villages with independent police & fire. Zoned to desirable SBISD schools (buyer to verify eligibility).
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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 Northwest Houston
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Listed by: Rebecca Andress, Greenwood King Properties - Voss Office
Last Updated: 4 months ago
Data Source: HAR , MLS# 87741497
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Last Updated: 4 months ago
Data Source: HAR , MLS# 87741497
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