$448,500 Last Listed Price
●
House -
Off Market
4311 Ascot Lane
Houston, TX 77092
5 Beds
3 Baths,
1
Half Bath
3,930 Ft²
$504,766
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Very nicely located next off of 610 - south of Oak Forest. The
property has functioned as a business/residence for 40 years. It is
the tale of two dwellings one added a long time ago. Thus the great
room & library w/ gas log fireplaces, two bedrooms with bath have
served as the office complex, kitchen and utility room are also
down, guest powder off great room. Second floor is primary bedroom,
w/ bath and walk-in closet, two secondary bedrooms and bath on
second floor. Third floor has great storage area. The versatility
is fabulous lending itself to all kinds of configurations.
Beautiful grounds w/ extensive canopy of trees, lots of parking and
solitude decking area. Hi-ceilings and gas log fireplace in the
great room with adequate room for dining, canned lighting, lush
landscaping, circular drive, entrance to office and entrance to the
house w/ foyer. It is a functioning office thus the need for
accompanied showings.
Unit Size
3,930 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$114
Property Type
House
Property Taxes
$792
HOA Dues
-
Year Built
1950
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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 #26773011)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Sep 19, 2021 | Listed by ShawZindler Properties,LLC | $448,500 | |
| Listed by ShawZindler Properties,LLC | |||
| | |||
|
Very nicely located next off of 610 - south of Oak Forest. The property has functioned as a business/residence for 40 years. It is the tale of two dwellings one added a long time ago. Thus the great room & library w/ gas log fireplaces, two bedrooms with bath have served as the office complex, kitchen and utility room are also down, guest powder off great room. Second floor is primary bedroom, w/ bath and walk-in closet, two secondary bedrooms and bath on second floor. Third floor has great storage area. The versatility is fabulous lending itself to all kinds of configurations. Beautiful grounds w/ extensive canopy of trees, lots of parking and solitude decking area. Hi-ceilings and gas log fireplace in the great room with adequate room for dining, canned lighting, lush landscaping, circular drive, entrance to office and entrance to the house w/ foyer. It is a functioning office thus the need for accompanied showings.
| |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Timothy Shaw, ShawZindler Properties,LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 26773011
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Last Updated: 5 months ago
Data Source: HAR , MLS# 26773011
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