$485,000 Last Listed Price
●
House -
Off Market
128 Drew Street
Houston, TX 77006
3 Beds
3 Baths,
1
Half Bath
2,652 Ft²
$550,572
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Gated, corner, 4 story Lovett built home in the ever popular
Midtown. Walkable to restaurants, clubs, etc, which are open once
again! Enjoy amazing views of downtown from the awesome rooftop
terrace and from the fabulous windows on 2nd & 3rd floors that
flood the home with natural light. 2nd floor living with crown
molding, high ceilings, recessed lighting wood flooring. Island
kitchen that opens to dining. Surround sound, wine rack,
fireplace and powder. Laundry in walk in pantry. Third floor
features master & one other bedroom/office with desks and murphy
bed. Master has 2 closets, luxurious bath with jetted tub and
separate shower. Also has stairs leading up to 4th story media/flex
room and rooftop terrace with pull out awning and fabulous views of
downtown & Eado. First floor bed/bath. Nice gated front greenspace
with pergola and sprinkler system. Garage has electric car
charger.
Unit Size
2,652 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$183
Property Type
House
Property Taxes
$1,111
HOA Dues
-
Year Built
2006
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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: 6 months ago (HAR #26748858)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Coldwell Banker Realty | $485,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Gated, corner, 4 story Lovett built home in the ever popular Midtown. Walkable to restaurants, clubs, etc, which are open once again! Enjoy amazing views of downtown from the awesome rooftop terrace and from the fabulous windows on 2nd & 3rd floors that flood the home with natural light. 2nd floor living with crown molding, high ceilings, recessed lighting wood flooring. Island kitchen that opens to dining. Surround sound, wine rack, fireplace and powder. Laundry in walk in pantry. Third floor features master & one other bedroom/office with desks and murphy bed. Master has 2 closets, luxurious bath with jetted tub and separate shower. Also has stairs leading up to 4th story media/flex room and rooftop terrace with pull out awning and fabulous views of downtown & Eado. First floor bed/bath. Nice gated front greenspace with pergola and sprinkler system. Garage has electric car charger.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Central Houston
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Listed by: Jeanne Weaver, Coldwell Banker Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 26748858
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Last Updated: 6 months ago
Data Source: HAR , MLS# 26748858
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