$465,000 Last Listed Price
●
House -
Off Market
3507 Broadmead Drive
Houston, TX 77025
3 Beds
2 Baths
1,711 Ft²
$3,112
Est. Monthly
About This Property
Wonderfully situated on a lovely block in Braes Terrace. This three
bedroom home with two full baths has an open floor plan to allow
great flow for entertaining and everyday living. Refinished
original white oak flooring. The kitchen has granite countertops
and overlooks the pool. The patio with sparkling pool provide
amazing outdoor living. Updated landscaping in the front yard, new
electrical box and recessed lighting in the living room and kitchen
area, new ceiling fans in living room and all bedrooms. A lovely
home! FHA assumable loan at 2.75%.
Unit Size
1,711 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$272
Property Type
House
Property Taxes
$828
HOA Dues
-
Year Built
1953
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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: 5 months ago (HAR #92830394)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Martha Turner Sotheby's International Realty | $465,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Wonderfully situated on a lovely block in Braes Terrace. This three bedroom home with two full baths has an open floor plan to allow great flow for entertaining and everyday living. Refinished original white oak flooring. The kitchen has granite countertops and overlooks the pool. The patio with sparkling pool provide amazing outdoor living. Updated landscaping in the front yard, new electrical box and recessed lighting in the living room and kitchen area, new ceiling fans in living room and all bedrooms. A lovely home! FHA assumable loan at 2.75%.
| |||
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by Martha Turner Sotheby's | $415,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Adorable 3 bedroom house in Braes Terrace. Wonderful swimming pool (recently replastered) and patio. The kitchen has granite countertops, recent appliances and a new oven (per seller). Lovely breakfast area and laundry is located inside the house. Includes a refrigerator, washer, dryer! Recent hot water heater, pool pump and pool filter. Hardwood flooring throughout. ***This property has never flooded!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Sherri Hughey, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 92830394
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Last Updated: 5 months ago
Data Source: HAR , MLS# 92830394
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