$949,000 Last Listed Price
●
House -
Off Market
4640 Banning Drive
Houston, TX 77027
3 Beds
3 Baths
2,957 Ft²
$1,180,059
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
This beautifully updated home, located in coveted Afton Oaks,
features 3 bedrooms/3 bathrooms, an entertainer's kitchen with an
open concept to the family room, formal dining room, an office, a
separate den and plantation shutters. The many improvements
include: fresh paint throughout, renovated kitchen (2013),
automatic driveway gate (2013), renovated bedroom/office (2015),
professionally landscaped yard with new drains, plumbing lines on
east side of the property, new fencing throughout, stained concrete
patio (2016). The backyard includes a patio area, green space and a
vegetable garden (all 2016). 2 renovated bathrooms (2020), new hall
carpet (2020), and an updated master bathroom (2020).
Walking distance to River Oaks District, Highland Village, and The
Galleria. ** All per Seller
Unit Size
2,957 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$321
Property Type
House
Property Taxes
$1,772
HOA Dues
$73
Year Built
2021
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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 #75145611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by Partners in Building LP | $2,249,000 | |
| Listed by Partners in Building LP | |||
| | |||
|
Another custom home by Partners In Building. Excellent location. Close to everything. This new home has an elegant foyer with a private home office. Beautiful formal dining room. Large kitchen that opens into the family and breakfast room. The primary suite is downstairs and offers a spa like bathroom and great custom closet. Upstairs has three bedroom all with private baths. Large game room with a wet bar and the perfect media room to watch movies. The backyard has a nice outdoor living space and if you are thinking of adding a pool there is room for that as well.
| |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by C & K Properties | $949,000 | |
| Listed by C & K Properties | |||
| | |||
|
This beautifully updated home, located in coveted Afton Oaks, features 3 bedrooms/3 bathrooms, an entertainer's kitchen with an open concept to the family room, formal dining room, an office, a separate den and plantation shutters. The many improvements include: fresh paint throughout, renovated kitchen (2013), automatic driveway gate (2013), renovated bedroom/office (2015), professionally landscaped yard with new drains, plumbing lines on east side of the property, new fencing throughout, stained concrete patio (2016). The backyard includes a patio area, green space and a vegetable garden (all 2016). 2 renovated bathrooms (2020), new hall carpet (2020), and an updated master bathroom (2020). Walking distance to River Oaks District, Highland Village, and The Galleria. ** All per Seller
| |||
Property Highlights
Elevator
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Kristi Neal, C & K Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 75145611
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Last Updated: 4 months ago
Data Source: HAR , MLS# 75145611
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