$298,000 Last Listed Price
●
House -
Off Market
4506 Spellman Road
Houston, TX 77035
3 Beds
2 Baths
1,698 Ft²
$307,084
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Enter House through inviting from Porch, into the Living Room, that
flows into the Dining Room and Family Room. Kitchen is large with
lots of storage and room for dining table. House has original
hardwood floors in Bedrooms and Living Spaces. Main Drain to
City Line install in 2022. New A/C, Heating, Duct, Vents, and
Returns installed in 2019. All new Flex Pipe installed in
2019. New Electrical Box installed in 2019. Freshly
painted garage with oversized pulldown Attic Ladder. Washer
and Gas Dryer connecting in attached garage. Backyard features a
12' x 20' Morgan Storage building with extra wide door.
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$176
Property Type
House
Property Taxes
$509
HOA Dues
-
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 #54298975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by My Castle Realty | $340,000 | |
| Listed by My Castle Realty | |||
| | |||
|
This home is MOVE IN READY!! This 3 bedroom 2 bath 2 car garage, offers 1698 sft of living space. Beautiful hardwoods throughout. Wonderful large kitchen with granite counters. Spacious master suite with double sinks and tub/shower combination, with 2 nicely sized additional bedrooms. Combination dining and living room with separate family room. Oversized backyard with plenty of room for a pool. Backyard also features a 12ft. by 20ft. Morgan Storage Building with windows and extra wide door.
Main drain line to city line installed in 2022. New A/C, Heating, Ducts, Vents and Returns installed in 2019. All new Flex Pipe installed in 2019. New Electrical Box installed in 2019. Fence, Gutters, and Dish Washer replaced in 2023. Interior freshly painted in February 2024.
| |||
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2022 | Listed by Homelister, Inc | $298,000 | |
| Listed by Homelister, Inc | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: David Montalvo, Homelister, Inc
Last Updated: 4 months ago
Data Source: HAR , MLS# 54298975
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Last Updated: 4 months ago
Data Source: HAR , MLS# 54298975
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