$1,389,000 Last Listed Price
●
House -
Off Market
4502 Banning Drive
Houston, TX 77027
3 Beds
2 Baths,
1
Half Bath
2,766 Ft²
$1,877,646
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Exquisite, light-filled total renovation and spectacular great room
addition on a 14,500+ sqft cul-de-sac lot. Oasis-like setting
offering easy walk to the world class shopping/dining of the River
Oaks District and just minutes from Highland Village, Central
Market, Whole Foods, The Galleria, Uptown Park and Houston's crown
jewel the 1500-acre game fields and natural splendor of Memorial
Park. Stained hardwoods, neutral palette, plantation shutters, on
demand gas operated electric whole house generator, on demand
tankless water heater, all doors & windows replaced, perimeter
cameras and monitoring system, whole house sound system with
recessed speakers and surround sound, recessed lighting, gorgeous
landscaping with massive oaks, 2019 roof and all on one of the best
lots currently available in Area 16. Afton Oaks is adjacent to the
Uptown Tax Increment Reinvestment Zone whose purpose is to
facilitate a cohesive corridor between Memorial Park and Post Oak
Boulevard.
Unit Size
2,766 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$502
Property Type
House
Property Taxes
$2,399
HOA Dues
$67
Year Built
1955
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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 #50594332)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by Coldwell Banker Realty | $1,389,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Exquisite, light-filled total renovation and spectacular great room addition on a 14,500+ sqft cul-de-sac lot. Oasis-like setting offering easy walk to the world class shopping/dining of the River Oaks District and just minutes from Highland Village, Central Market, Whole Foods, The Galleria, Uptown Park and Houston’s crown jewel the 1500-acre game fields and natural splendor of Memorial Park. Stained hardwoods, neutral palette, plantation shutters, on demand gas operated electric whole house generator, on demand tankless water heater, all doors & windows replaced, perimeter cameras and monitoring system, whole house sound system with recessed speakers and surround sound, recessed lighting, gorgeous landscaping with massive oaks, 2019 roof and all on one of the best lots currently available in Area 16. Afton Oaks is adjacent to the Uptown Tax Increment Reinvestment Zone whose purpose is to facilitate a cohesive corridor between Memorial Park and Post Oak Boulevard.
| |||
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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 Central Houston
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Listed by: Alexander Webb, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 50594332
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50594332
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