$449,900 Last Listed Price
●
House -
Off Market
3221 Prospect Street
Houston, TX 77004
3 Beds
3 Baths
2,755 Ft²
$526,403
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Welcome to 3221 Prospect Street! This Southwood Oaks Smart Home is
fully equipped with the latest technology - a Lutron Caseta Hub,
smart light switches and outlets, Ecobee™ thermostats, Amazon
Alexa, and a Ring Doorbell - that allow for voice-activated
commands, lighting schedules, and additional capabilities. 3
spacious bedrooms and 3 full bathrooms PLUS a dedicated office
space. The primary bathroom is filled with high-end upgrades,
including heated floors and a spacious shower with double
showerheads. Chef-inspired kitchen has plenty of counter space with
all appliances are less than 5 years old. The Fully-fenced backyard
includes a low-maintenance spa with space for 6 and is only 4 years
old. 450 sq ft FLEX SPACE located on the back of the property
renovated in 2019. Ready to finish with plumbing connections
nearby. Ideal for rental/Airbnb or mother-in-law/guest suite. Draft
for finished space attached. NOT IN A FLOOD ZONE
Unit Size
2,755 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$163
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1938
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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 #75050397)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Compass RE Texas, LLC | $449,900 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Welcome to 3221 Prospect Street! This Southwood Oaks Smart Home is fully equipped with the latest technology - a Lutron Caseta Hub, smart light switches and outlets, Ecobee™ thermostats, Amazon Alexa, and a Ring Doorbell - that allow for voice-activated commands, lighting schedules, and additional capabilities. 3 spacious bedrooms and 3 full bathrooms PLUS a dedicated office space. The primary bathroom is filled with high-end upgrades, including heated floors and a spacious shower with double showerheads. Chef-inspired kitchen has plenty of counter space with all appliances are less than 5 years old. The Fully-fenced backyard includes a low-maintenance spa with space for 6 and is only 4 years old. 450 sq ft FLEX SPACE located on the back of the property renovated in 2019. Ready to finish with plumbing connections nearby. Ideal for rental/Airbnb or mother-in-law/guest suite. Draft for finished space attached. NOT IN A FLOOD ZONE
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jackie Carter, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 75050397
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Last Updated: 4 months ago
Data Source: HAR , MLS# 75050397
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