$420,000 Last Listed Price
●
House -
Off Market
4503 Ella Boulevard
Houston, TX 77018
3 Beds
3 Baths
2,045 Ft²
$2,810
Est. Monthly
About This Property
Amazing opportunity on an oversized lot in Oak Forest! As you
step into the bright and spacious living room, you'll immediately
feel the warmth and comfort that this home exudes. The kitchen is
not only well-lit but also boasts ample space and cabinets for
storage, making it a delightful area for culinary enthusiasts. This
home offers an abundance of living space, including a bonus room
that is both large features a convenient wet bar and a full
bathroom, providing a versatile space for entertainment or
relaxation. The primary bedroom is generously sized and comes with
an ensuite bath adorned with fun and bright tile. Outside, the
property is fully fenced, ensuring privacy and security, while the
patio and green space offer the perfect setting for outdoor
activities and gatherings. Zoned to Oak Forest Elementary,
moments from new and exciting restaurants, shops and nightlife.
Unit Size
2,045 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$205
Property Type
House
Property Taxes
$748
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: 4 months ago (HAR #65793013)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Dec 27, 2023 | Listed by Orchard Brokerage | $420,000 | |
| Listed by Orchard Brokerage | |||
| | |||
|
Amazing opportunity on an oversized lot in Oak Forest! As you step into the bright and spacious living room, you'll immediately feel the warmth and comfort that this home exudes. The kitchen is not only well-lit but also boasts ample space and cabinets for storage, making it a delightful area for culinary enthusiasts. This home offers an abundance of living space, including a bonus room that is both large features a convenient wet bar and a full bathroom, providing a versatile space for entertainment or relaxation. The primary bedroom is generously sized and comes with an ensuite bath adorned with fun and bright tile. Outside, the property is fully fenced, ensuring privacy and security, while the patio and green space offer the perfect setting for outdoor activities and gatherings. Zoned to Oak Forest Elementary, moments from new and exciting restaurants, shops and nightlife.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About North Houston
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Listed by: Melanie Miller, Orchard Brokerage
Last Updated: 4 months ago
Data Source: HAR , MLS# 65793013
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Last Updated: 4 months ago
Data Source: HAR , MLS# 65793013
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