$1,199,000 Last Listed Price
●
House -
Off Market
8868 Cedarspur Drive
Houston, TX 77055
5 Beds
4 Baths
3,862 Ft²
$1,458,071
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Nestled away on a peaceful cul-de-sac street in highly sought after
Spring Valley Village, this custom home on an oversized 13,520 sq
ft lot will address every demand. The home boasts an abundance of
natural light, a functional open concept floor plan and a pool!
Enjoy cooking and entertaining in your recently remodeled kitchen
with a double wide fridge/freezer, large pantry, oversized island
with plenty of seating and bar area complete with wine fridge. Work
from home is a breeze with TWO separate office space downstairs,
one with its very own fireplace! Upstairs features the primary
bedroom/bath + 4 secondary bedrooms/2 baths recently updated with
new carpet and paint. Double wide driveway provides plenty of
parking for guests. Excellent central location so close to
everything east or west: Downtown, Energy Corridor, Memorial City
or Galleria. Enjoys private police, fire and SBISD schools!
Unit Size
3,862 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$310
Property Type
House
Property Taxes
$2,026
HOA Dues
$4
Year Built
1986
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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 #28474529)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Nan & Company Properties | $1,199,000 | |
| Listed by Nan & Company Properties | |||
| | |||
|
Nestled away on a peaceful cul-de-sac street in highly sought after Spring Valley Village, this custom home on an oversized 13,520 sq ft lot will address every demand. The home boasts an abundance of natural light, a functional open concept floor plan and a pool! Enjoy cooking and entertaining in your recently remodeled kitchen with a double wide fridge/freezer, large pantry, oversized island with plenty of seating and bar area complete with wine fridge. Work from home is a breeze with TWO separate office space downstairs, one with its very own fireplace! Upstairs features the primary bedroom/bath + 4 secondary bedrooms/2 baths recently updated with new carpet and paint. Double wide driveway provides plenty of parking for guests. Excellent central location so close to everything east or west: Downtown, Energy Corridor, Memorial City or Galleria. Enjoys private police, fire and SBISD schools!
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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HOA + Taxes
About Northwest Houston
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Listed by: Laura Bonck, Nan & Company Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 28474529
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Last Updated: 5 months ago
Data Source: HAR , MLS# 28474529
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