$428,880 Last Listed Price
●
House -
Off Market
1602 Hewitt Drive
Houston, TX 77018
2 Beds
1 Bath
1,075 Ft²
$472,500
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Oak Forest updated home with pool and large covered patio is
situated on great lot and has space to add-on. Orignal wood floors
give this home extra charm. Big storage shed in backyard. Converted
garage with added insulation and central air adds space and could
be used for a 3rd bedroom (no closet). Pool resurfaced in 2015,
main sewer line replaced in 2019, and list of updates continues -
ask agent for more information. No flooding. Popular Oak Forest is
a great neighborhood for walking or biking with quick access to
610, I-10 and I-45 for easy commutes.
Unit Size
1,075 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$399
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1949
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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 #43347882)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 13, 2024 | Listed by Compass RE Texas, LLC - The Heights | $1,399,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| | |||
|
Gorgeous custom home in Oak Forest! Perfectly appointed contemporary finishes in this open floor plan designed for comfortable living as well as entertaining. The designer kitchen boasts quartz counters, an island with a waterfall edge, under counter seating, beverage fridge, and a huge butler's pantry. Light and bright living room with a gas fireplace, wood mantel, open shelving, and large double doors that open to the covered patio with an outdoor kitchen. Two story foyer entry with gorgeous 7 inch white oak floors and wall accents. Secluded bedroom and full bathroom downstairs makes a great office, workout room, or guest suite. Spacious primary bedroom upstairs has hardwood floors, high ceilings, a huge shower, and a beautiful walk-in closet with custom shelving. Upstairs there are three other bedrooms and 2 full baths, a walk-in laundry and utility room, and a game room. Huge backyard is ready for a pool!
| |||
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Greater Houston REP, Inc. | $428,880 | |
| Listed by Greater Houston REP, Inc. | |||
| | |||
|
Oak Forest updated home with pool and large covered patio is situated on great lot and has space to add-on. Orignal wood floors give this home extra charm. Big storage shed in backyard. Converted garage with added insulation and central air adds space and could be used for a 3rd bedroom (no closet). Pool resurfaced in 2015, main sewer line replaced in 2019, and list of updates continues - ask agent for more information. No flooding. Popular Oak Forest is a great neighborhood for walking or biking with quick access to 610, I-10 and I-45 for easy commutes.
| |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jessica Dempsey, Greater Houston REP, Inc.
Last Updated: 4 months ago
Data Source: HAR , MLS# 43347882
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Last Updated: 4 months ago
Data Source: HAR , MLS# 43347882
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