$429,500 Last Listed Price
●
House -
Off Market
8519 Alvararo Bay Drive
Cypress, TX 77433
4 Beds
3 Baths
2,620 Ft²
$2,308
Est. Monthly
$83
HOA / Fees
About This Property
Captivating residence nestled on an expansive lot in the exclusive
gated enclave of Marvida. Thoughtfully designed previous model home
w/ an open layout, accentuated by soaring ceilings & 8ft doors.
Inside, notice a generous family room bathed in natural light from
large windows. The impeccably appointed kitchen hosts a central
island, SS appliances, subway tile backsplash & abundant cabinet /
counter space. The primary bedroom offers a luxurious retreat w/
its en-suite bathroom, complemented by 3 additional spacious
bedrooms & dedicated office w/ French doors. Outdoors, the vast
backyard provides a private oasis w/ no rear neighbors. Zoned to
the highly acclaimed CY Fair schools, and conveniently located near
shopping, dining, and major freeways, this home offers both luxury
and convenience. Marvida's amenities, including a lazy river, pool
splash pad, playground, dog run, gym, and more, enhance the appeal
of this exceptional property, making it the perfect place to call
home.
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$164
Property Type
House
Property Taxes
$116
HOA Dues
$83
Year Built
-
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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 #18003100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Listed by Redfin Corporation | $429,500 | |
| Listed by Redfin Corporation | |||
| | |||
|
Captivating residence nestled on an expansive lot in the exclusive gated enclave of Marvida. Thoughtfully designed previous model home w/ an open layout, accentuated by soaring ceilings & 8ft doors. Inside, notice a generous family room bathed in natural light from large windows. The impeccably appointed kitchen hosts a central island, SS appliances, subway tile backsplash & abundant cabinet / counter space. The primary bedroom offers a luxurious retreat w/ its en-suite bathroom, complemented by 3 additional spacious bedrooms & dedicated office w/ French doors. Outdoors, the vast backyard provides a private oasis w/ no rear neighbors. Zoned to the highly acclaimed CY Fair schools, and conveniently located near shopping, dining, and major freeways, this home offers both luxury and convenience. Marvida's amenities, including a lazy river, pool splash pad, playground, dog run, gym, and more, enhance the appeal of this exceptional property, making it the perfect place to call home.
| |||
| Mar 22, 2024 | Relisted | $437,000 | |
| Relisted | |||
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Property Highlights
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Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Sold On
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About Harris
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Listed by: Alicia Grifaldo, Redfin Corporation
Last Updated: 5 months ago
Data Source: HAR , MLS# 18003100
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Last Updated: 5 months ago
Data Source: HAR , MLS# 18003100
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