$479,900 Last Listed Price
●
House -
Off Market
2505 Prospect Street
Houston, TX 77004
3 Beds
2 Baths,
1
Half Bath
2,304 Ft²
$570,813
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
This home has been both thoroughly and thoughtfully restored by its
current owner. Marrying the original charm of this home while
including all the convenience of modern updates were at the
forefront of the owner's mind. At the front of the home are the
formal living and dining rooms. Refinished original hardwoods are
found throughout with the exception of the kitchen and bathrooms.
The kitchen is a chefs dream and includes Kenmore elite
appliances, custom cabinetry and high end countertops. Off the
kitchen is a nook outside the powder bath and a light filled
sunroom that has been updated. Primary retreat is an oasis of its
own which includes sizable walk-in closet and en-suite with smart
Kolher shower system. Secondary bedrooms are also located on the
second floor as well as the utility room. The backyard is a
sanctuary ideal for entertaining. Nestled perfectly in the center
of the city, this property boast easy access to the Texas Medical
Center, Museum District & Downtown Houston.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$208
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1940
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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 #942951)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2022 | Sold | ||
| Sold | |||
| Aug 21, 2022 | Listed by Keller Williams Realty - Memorial | $595,000 | |
| Listed by Keller Williams Realty - Memorial | |||
| | |||
|
Beautifully renovated Colonial revival home in the heart of the Riverside District!Unparalleled location just minutes from Texas Medical Center, Museum District and Downtown.This home marries modern day amenities and historic charm. No details have been spared-amazing millwork throughout, premium light fixtures, Hunter Douglas cordless blinds, fresh paint throughout, refinished original wood flooring, sleek electrical receptacles and lighting upgraded to recessed throughout.Formal Living areas flanked by a showstopping fireplace.Gorgeous kitchen with custom cabinetry, Kenmore Elite stainless-steel appliances including double ovens, fridge and 6 burner cooktop!Lovely Sunroom with fabulous oversized arched windows and an additional family room overlooks the kitchen area!Primary Suite features a walk in closet with shelving system.Primary Bath features an oversized shower with shower system.Utility room is conveniently located upstairs. Exterior landscaping has been fabulously redesigned!
| |||
| May 7, 2021 | Sold | ||
| Sold | |||
| Jan 25, 2021 | Listed by Womack Development | $479,900 | |
| Listed by Womack Development | |||
| | |||
|
This home has been both thoroughly and thoughtfully restored by its current owner. Marrying the original charm of this home while including all the convenience of modern updates were at the forefront of the owner’s mind. At the front of the home are the formal living and dining rooms. Refinished original hardwoods are found throughout with the exception of the kitchen and bathrooms. The kitchen is a chefs dream and includes Kenmore elite appliances, custom cabinetry and high end countertops. Off the kitchen is a nook outside the powder bath and a light filled sunroom that has been updated. Primary retreat is an oasis of its own which includes sizable walk-in closet and en-suite with smart Kolher shower system. Secondary bedrooms are also located on the second floor as well as the utility room. The backyard is a sanctuary ideal for entertaining. Nestled perfectly in the center of the city, this property boast easy access to the Texas Medical Center, Museum District & Downtown Houston.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Listed by: Gerald Womack, Womack Development
Last Updated: 6 months ago
Data Source: HAR , MLS# 942951
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Last Updated: 6 months ago
Data Source: HAR , MLS# 942951
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