$334,000 Last Listed Price
●
House -
Off Market
4535 Spellman Road
Houston, TX 77035
3 Beds
3 Baths,
1
Half Bath
1,846 Ft²
$338,577
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Right House at Right Price !! - MOVE-IN Ready - Extensive remodel -
Beautiful Ranch - 3 Bedrooms plus Study/Home office, three and half
bath - NEW Plumbing - NEW Electrical -NEW Double pane windows - NEW
Flooring - NEW Custom Kitchen Cabinets, Island and great
Counterspace - NEW Quartz counters and Tile Backsplash - NEW
Bathtubs, Shower, Vanities, Toilets, Faucets, Light fixtures - NEW
Ceiling Fans - NEW Stainless Steel Appliances - NEW Blinds - NEW
Wood Fence in backyard - NEW Light Fixtures - Fresh Interior and
Exterior Paint - NEW Stainless Steel Refrigerator as well as NEW
Washer and Dryer Included - Previous owners have added garage space
to make a large front Bedroom suite with walk-in closet and
attached full bath - DID NOT FLOOD - Bright Open Plan --
located on beautiful, quiet tree lined street in established Willow
Meadow Area - Also Great for Investors, roommates,
multigeneration living - Easy access to Medical Center, Downtown,
Shopping and Freeways - Must See !!
Unit Size
1,846 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$181
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1958
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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 #14089356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by REALM Real Estate Professional | $334,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Right House at Right Price !! - MOVE-IN Ready - Extensive remodel - Beautiful Ranch - 3 Bedrooms plus Study/Home office, three and half bath - NEW Plumbing - NEW Electrical -NEW Double pane windows - NEW Flooring - NEW Custom Kitchen Cabinets, Island and great Counterspace - NEW Quartz counters and Tile Backsplash - NEW Bathtubs, Shower, Vanities, Toilets, Faucets, Light fixtures - NEW Ceiling Fans - NEW Stainless Steel Appliances - NEW Blinds - NEW Wood Fence in backyard - NEW Light Fixtures - Fresh Interior and Exterior Paint - NEW Stainless Steel Refrigerator as well as NEW Washer and Dryer Included - Previous owners have added garage space to make a large front Bedroom suite with walk-in closet and attached full bath - DID NOT FLOOD - Bright Open Plan -- located on beautiful, quiet tree lined street in established Willow Meadow Area - Also Great for Investors, roommates, multigeneration living - Easy access to Medical Center, Downtown, Shopping and Freeways - Must See !!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Southwest Houston
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Listed by: Sherry Mama, REALM Real Estate Professional
Last Updated: 5 months ago
Data Source: HAR , MLS# 14089356
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Last Updated: 5 months ago
Data Source: HAR , MLS# 14089356
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