$799,000 Last Listed Price
●
House -
Off Market
4531 Merrie Lane
Bellaire, TX 77401
4 Beds
3 Baths,
1
Half Bath
3,691 Ft²
$890,942
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Conveniently positioned inside the Loop in a highly desirable
Bellaire neighborhood, this gorgeous one owner brick veneer home
lies on an incredible 9069 sq foot (per HCAD) lot. The spacious
floor plan is ideal for entertaining. The incredible family room w/
gas log fireplace opens to a gourmet kitchen w/ double ovens,
expansive granite counters, French door refrigerator/freezer, gas
cooktop, walk-in pantry + more! Ideally located on the 1st floor,
the primary suite features lots of natural bay window lighting, a
luxurious bath w/ whirlpool tub, oversized shower, dual sinks,
double closets, & pristine marble finishes. Primary bath & kitchen
remodeled! Formals + huge family room/den on first floor! The
second floor features a giant game room, centrally located utility
room w/ sink + three generous bedrooms & two full baths. *Recent
updates incl: Neutral plush carpet on stairs & on second floor '21;
Beautiful wood fence '19; Roof & Gutters '18; Anderson Windows '11;
+ more! *=Per Seller
Unit Size
3,691 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$216
Property Type
House
Property Taxes
$1,507
HOA Dues
-
Year Built
1996
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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 #18798809)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by Martha Turner Sotheby's | $799,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Conveniently positioned inside the Loop in a highly desirable Bellaire neighborhood, this gorgeous one owner brick veneer home lies on an incredible 9069 sq foot (per HCAD) lot. The spacious floor plan is ideal for entertaining. The incredible family room w/ gas log fireplace opens to a gourmet kitchen w/ double ovens, expansive granite counters, French door refrigerator/freezer, gas cooktop, walk-in pantry + more! Ideally located on the 1st floor, the primary suite features lots of natural bay window lighting, a luxurious bath w/ whirlpool tub, oversized shower, dual sinks, double closets, & pristine marble finishes. Primary bath & kitchen remodeled! Formals + huge family room/den on first floor! The second floor features a giant game room, centrally located utility room w/ sink + three generous bedrooms & two full baths. *Recent updates incl: Neutral plush carpet on stairs & on second floor ’21; Beautiful wood fence ’19; Roof & Gutters ’18; Anderson Windows ’11; + more! *=Per Seller
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Southwest Houston
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Listed by: Kathy Jones, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 18798809
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Last Updated: 5 months ago
Data Source: HAR , MLS# 18798809
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