4615 Sanborn Drive
About This Property
Tucked away in the desirable, highly sought after neighborhood of Oak Forest and conveniently located minutes from Downtown, The Galleria and Memorial Park. This recently updated and tastefully landscaped home boasts original hard wood floors, open plan kitchen, dining and living as well as formal living areas. The bright updated kitchen has quartz countertops, soft close cabinets, and a farmhouse sink. Flooded with natural light, the family room leads you to the bonus room at the back of the property, that could be used for anything from a yoga studio to a craft room. Step out back to the oversized patio shaded by mature trees, perfect for enjoying your quiet back yard. With a 2-car garage and no back neighbors, this home is sure to please. Make your appointment today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | Listed by Coldwell Banker Realty | $435,000 | |
| Listed by Coldwell Banker Realty | |||
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MULTIPLE OFFERS RECEIVED> HIGHEST AND BEST DUE BY JULY 5th at noon,Thanks.
Tucked away in the desirable, highly sought after neighborhood of Oak Forest and conveniently located minutes from Downtown, The Galleria and Memorial Park. This recently updated and tastefully landscaped home boasts original hard wood floors, open plan kitchen, dining and living as well as formal living areas. The bright updated kitchen has quartz countertops, soft close cabinets, and a farmhouse sink. Flooded with natural light, the family room leads you to the bonus room at the back of the property, that could be used for anything from a yoga studio to a craft room. Step out back to the oversized patio shaded by mature trees, perfect for enjoying your quiet back yard. With a 2-car garage and no back neighbors, this home is sure to please. Make your appointment today!
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| May 23, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Coldwell Banker United, | $375,000 | |
| Listed by Coldwell Banker United, | |||
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Look no further!! Charming one story in highly sought-after Oak Forest. Fabulous home features many updates including completely renovated kitchen with shaker cabinets/self-closing drawers and doors, quartz counters, stainless appliances, pot filler, large double farmhouse sink, and tile floors. Totally Remodeled Baths, Original Hardwoods Refinished and Stained, PEX Plumbing, Electrical, Hardie Siding, Double Pane, Low E-Windows, Newly Installed Gutters, A/C, Interior and Exterior Paint! And so MUCH MORE!! Home boasts spacious living room and open den to views into the kitchen and dining area. Large private backyard with new paver border patio and oh so plenty of green-space! No back neighbors. Home with functional 2 Car Garage makes this a rarity in this neighborhood! Don't miss out on this renovated beauty! Conveniently located minutes from Downtown, Galleria, and Memorial Park. All measurements are approximate.
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Property Highlights
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About North Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 44643968
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