$484,900 Last Listed Price
●
House -
Off Market
2206 De Milo Drive
Houston, TX 77018
3 Beds
2 Baths
1,558 Ft²
$506,656
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Charming Oak Forest home with touches of designer yet comfort
throughout. Located on a beautiful, oversized lot, this home
will impress! Curb appeal sets the tone & upon entry you will
notice the open floorplan, rich wood flooring & subtle lighting to
set off the natural paint tones. Family room opens to dining
room as well as the chef's kitchen & makes this a perfect layout
for entertaining or quiet nights at home. Kitchen boasts SS
appliances, granite countertops, luxurious tile flooring & an
abundance of cabinet space. *Per Seller, the stove can easily be
replaced to include gas range cooktop. Primary retreat is
well appointed within the home & offers en-suite bathroom with
glass shower. Secondary bedrooms have wood flooring and are
spacious. Large, well maintained backyard space feels like a
park setting with a deck as well as a paver seating area underneath
a mature shade tree as well as plenty of yard for pets or kiddos to
play. *Per Seller, home has NEVER flooded.
Unit Size
1,558 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$311
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
1955
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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 #50109297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Jan 8, 2023 | Listed by HTX Living, LLC | $484,900 | |
| Listed by HTX Living, LLC | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Happen Houston | $399,000 | |
| Listed by Happen Houston | |||
| | |||
|
Reinvisioned to project a modern interpretation of Oak Forest architecture, this 3 bed, 2 bath home offers an open layout and updated color scheme to adhere to today’s desirable lifestyle. A combination of drawers and display cabinetry line the chef’s kitchen, equipped with stainless steel appliances, white granite countertops, and a trio of tear-drop glass pendants. Rich sand & stain hardwoods carry throughout the main living spaces and all bedrooms, adding warmth, coupled with marble-look tile that graces the wet rooms. Outdoors, a double wide driveway leads you to the 2 car attached garage, generating ample parking convenience, while a privacy fence envelops the oversized backyard that completes the remainder of the 9,000 sqft lot. Virtual tour available to view at www.2206demilo.com
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jessica McCreary, HTX Living, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 50109297
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50109297
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