32
Map
$424,500 Last Listed Price
●
House -
Off Market
2003 Althea Drive
Houston, TX 77018
3 Beds
1 Bath
1,222 Ft²
$427,805
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Updated, move-in-ready Oak Forest classic on a large corner lot
with mature trees, oversized 2-car garage, and custom driveway
gate. Never flooded! Original hardwoods throughout with tile in wet
areas. This home is an entertainer's dream with two outdoor sitting
areas and outdoor dining, along with large front/back yards. Close
to the amenities of Oak Forest, Garden Oaks, and the Heights. TC
Jester Park is just two blocks away, along with a bike trail that
takes you down into the Heights. Walk to brunch at Millie's, or
bike to D'Alba or the many breweries off Wakefield Drive. Recent
updates include a total bathroom renovation with all new
tub/sink/toilet/tile, exterior hardiplank siding and new
insulation, outside gravel sitting areas and custom garden bed,
side fence, roof, windows, exterior doors, and appliances. All
kitchen appliances, washer/dryer, window treatments, and light
fixtures stay. Move right in! Large lot allows a lot of room for
expansion, or live now build later.
Unit Size
1,222 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$347
Property Type
House
Property Taxes
$682
HOA Dues
$20
Year Built
1955
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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: 7 months ago (HAR #74475664)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by HomeSmart Fine Properties | $424,500 | |
| Listed by HomeSmart Fine Properties | |||
| | |||
|
Updated, move-in-ready Oak Forest classic on a large corner lot with mature trees, oversized 2-car garage, and custom driveway gate. Never flooded! Original hardwoods throughout with tile in wet areas. This home is an entertainer’s dream with two outdoor sitting areas and outdoor dining, along with large front/back yards. Close to the amenities of Oak Forest, Garden Oaks, and the Heights. TC Jester Park is just two blocks away, along with a bike trail that takes you down into the Heights. Walk to brunch at Millie’s, or bike to D’Alba or the many breweries off Wakefield Drive. Recent updates include a total bathroom renovation with all new tub/sink/toilet/tile, exterior hardiplank siding and new insulation, outside gravel sitting areas and custom garden bed, side fence, roof, windows, exterior doors, and appliances. All kitchen appliances, washer/dryer, window treatments, and light fixtures stay. Move right in! Large lot allows a lot of room for expansion, or live now build later.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Trey Poteet, PRG, Realtors
Last Updated: 7 months ago
Data Source: HAR , MLS# 74475664
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Last Updated: 7 months ago
Data Source: HAR , MLS# 74475664
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