$599,900 Last Listed Price
●
House -
Off Market
8823 Kolbe Bend Lane
Houston, TX 77080
3 Beds
2 Baths,
2
Half Baths
2,472 Ft²
$598,263
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Enjoy scenic lake views from this 3-story home, nestled in the
gated community of Kolbe Farms! An entertainer's dream, the
property showcases a fully-fenced backyard, a 3rd-floor covered
patio w/ roller shades & water/gas plumbing-perfect for an outdoor
kitchen! Experience first-floor living w/ a functional layout, 3
BRs, 3.2 baths, a utility room, & a spacious dining area. The
chef's kitchen is equipped w/ SS appliances, quartz countertops, a
sizable island, & multiple built-in cabinetry. Comfort abounds in
the primary suite featuring a custom closet & an ensuite bath w/
marble floors & counters, double vanities, a separate shower, & a
soaking tub. Designed for convenience, the property comes complete
w/ a private driveway & a sizable 2-car garage w/ a raised door
track & epoxy flooring. Moments away from major freeways such as
I-10, Beltway, & 290, the neighborhood offers easy access to
Memorial City, the Galleria, plus endless retail & dining options.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$243
Property Type
House
Property Taxes
$991
HOA Dues
$213
Year Built
2018
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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 #3653628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Keller Williams Realty - Memor | $599,900 | |
| Listed by Keller Williams Realty - Memor | |||
| | |||
|
Enjoy scenic lake views from this 3-story home, nestled in the gated community of Kolbe Farms! An entertainer's dream, the property showcases a fully-fenced backyard, a 3rd-floor covered patio w/ roller shades & water/gas plumbing—perfect for an outdoor kitchen! Experience first-floor living w/ a functional layout, 3 BRs, 3.2 baths, a utility room, & a spacious dining area. The chef's kitchen is equipped w/ SS appliances, quartz countertops, a sizable island, & multiple built-in cabinetry. Comfort abounds in the primary suite featuring a custom closet & an ensuite bath w/ marble floors & counters, double vanities, a separate shower, & a soaking tub. Designed for convenience, the property comes complete w/ a private driveway & a sizable 2-car garage w/ a raised door track & epoxy flooring. Moments away from major freeways such as I-10, Beltway, & 290, the neighborhood offers easy access to Memorial City, the Galleria, plus endless retail & dining options.
| |||
Property Highlights
Fireplace
Garage
With View
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: Kimberly Vargas, Keller Williams Realty - Memor
Last Updated: 5 months ago
Data Source: HAR , MLS# 3653628
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Last Updated: 5 months ago
Data Source: HAR , MLS# 3653628
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