$329,000 Last Listed Price
●
Condo -
Off Market
4118 Spencer Street
Houston, TX 77007
2 Beds
2 Baths,
1
Half Bath
1,669 Ft²
$366,858
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Great 3 story townhome located within a gated 6plex in the Upper
West End of Rice Military, very popular due to its excellent
location and proximity to restaurants, bars, trails, schools and
other attractions of the Washington corridor, Memorial Park,
Heights, downtown, and Montrose.No HOA fees.Home is a corner unit
and the only w/ a large gated patio for a perfect area for privacy
and advantage of accommodating at least 2 vehicles for guests.Open
2nd floor living concept with large balcony area and is designed
for dining, cooking, entertaining and soaring ceilings with great
natural light.Granite countertops w/ a new backsplash design added
to kitchen.Beautiful bamboo floors in bedrooms and study.3rd floor
has primary suite w/ extra space that can be used as a
study/loft.Primary bath has jacuzzi tub jets and standalone
shower.Washer, dryer and refrigerator are included.Unique and
modern home in great condition and excellent location are truly the
redeeming features of this townhome.
Unit Size
1,669 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$197
Property Type
Condo
Property Taxes
$604
HOA Dues
-
Year Built
2006
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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 #14703115)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by The Professional Landlords | $329,000 | |
| Listed by The Professional Landlords | |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Balcony, 1 Bedroom Down - Not Primary BR, Primary Bed - 3rd Floor
Appliances: Disposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Full Size
Flooring Type: Tile, Wood
Exterior Details
Has Property Attached
Square Footage: 1669
Architectural Style: Contemporary/Modern
Year Built: 2006
Building Area Total: 1669
Levels: Levels 1, 2 and 3
Window Features: Window Coverings
Construction Materials: Cement Siding, Stucco
Lot Size Area: 0.0428
Lot Size Units: Acres
Lot Size Acres: 0.0428
Lot Size Square Feet: 1863
Water Source: Public
Financial Details
Tax Annual Amount: $7,242
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/23/2021
| |
2 Bed
|
3 Bath
|
1669 ft²
|
$329,000
2 Bed
3 Bath
1669 ft²
|
$324,000
-1.52%
11/18/2021
|
Jorge Hinojosa
The Professional Landlords
|
Building Info
About Central Houston
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Listed by: Jorge Hinojosa, The Professional Landlords
Last Updated: 5 months ago
Data Source: HAR , MLS# 14703115
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Last Updated: 5 months ago
Data Source: HAR , MLS# 14703115
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