$649,000 Last Listed Price
●
House -
Off Market
4005 Drake Street
Houston, TX 77005
3 Beds
2 Baths,
1
Half Bath
2,285 Ft²
$867,838
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Single family home nestled in a small quiet gated community in the
luxury of WEST U. Coveted first floor living and desirable first
floor master suite. Spacious open floor plan, custom built-ins,
rich hardwoods, high ceilings and good closet space through out.
The home features a remodeled chefs kitchen complete with custom
cabinets, granite counters, gas range, large pantry and tons of
prep space. The living & master views of the gorgeous backyard is a
great way to start or end the day. Beautiful primary/master
bath with double vanities, and large walk-in closet. 2nd floor
features a large game room two generous size secondary bedrooms and
Jack-n-Jill bath. Large covered patio and professionally landscaped
yard great for entertaining. Corner lot and no shared walls. Easy
access to US 59, I-610,Med Center, Rice Village, Highland Village,
River Oaks District, Museum District, Galleria and Whole
Foods-Upper Kirby. No flooding per the seller. Move-in Ready!
Unit Size
2,285 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$284
Property Type
House
Property Taxes
$1,268
HOA Dues
$525
Year Built
1992
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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: 5 months ago (HAR #63836960)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by Framework Properties | $699,900 | |
| Listed by Framework Properties | |||
| | |||
|
Welcome home to this small quiet gated community in West U, Fabulous open concept floor plan featuring, hardwood flooring, high ceilings, custom built ins, and designer lighting fixtures. Updated chefs kitchen complete with custom cabinets, granite counters, gas range, tons of prep space. Highly desirable first floor living and first floor primary suite. Both living & master enjoy views of the gorgeous, low maintenance back yard. Primary suite downstairs features, bath with double vanities and large walk-in closet. Upstairs you will find a large game room two generous secondary bedrooms w/ Jack-n-Jill bath. Large covered patio and professionally landscaped yard great for entertaining. Corner lot and no shared walls. Easy access to 59, 610, Med Center, Rice Village, Highland Village, River Oaks District, Museum District, Galleria and Whole Foods-Upper Kirby.
| |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Aug 15, 2020 | Listed by Keller Williams Realty | $649,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Single family home nestled in a small quiet gated community in the luxury of WEST U. Coveted first floor living and desirable first floor master suite. Spacious open floor plan, custom built-ins, rich hardwoods, high ceilings and good closet space through out. The home features a remodeled chefs kitchen complete with custom cabinets, granite counters, gas range, large pantry and tons of prep space. The living & master views of the gorgeous backyard is a great way to start or end the day. Beautiful primary/master bath with double vanities, and large walk-in closet. 2nd floor features a large game room two generous size secondary bedrooms and Jack-n-Jill bath. Large covered patio and professionally landscaped yard great for entertaining. Corner lot and no shared walls. Easy access to US 59, I-610,Med Center, Rice Village, Highland Village, River Oaks District, Museum District, Galleria and Whole Foods-Upper Kirby. No flooding per the seller. Move-in Ready!
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Andrea Joseph, Keller Williams Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 63836960
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Last Updated: 5 months ago
Data Source: HAR , MLS# 63836960
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