$520,000 Last Listed Price
●
House -
Off Market
4814 Mcdermed Drive
Houston, TX 77035
3 Beds
2 Baths
2,243 Ft²
$518,581
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Never flooded !! Nicely updated/remodeled 3 bedroom/2bath home in
the medical center area of Willow Meadows. Enjoy the large fenced
back yard with patio and gorgeous shade tree. Freshly painted .
Refinished hardwood flooring throughout ( no carpet in house).
Formal living and dining rooms plus large family room opening to
kitchen and breakfast room. Features include a wine storage alcove
off of dining room, granite counters, plantation shutters, a
paneled sliding barn style door between living room and family
room, energy saving double pane windows, and an extra large walk in
storage closet off of family room. Refrigerator included. Separate
utility room and two car attached garage Easy access to Loop 610
and local restaurants and shopping.
Unit Size
2,243 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$232
Property Type
House
Property Taxes
$927
HOA Dues
$33
Year Built
1959
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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 #70672500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Martha Turner Sotheby's International Realty | $520,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Never flooded !! Nicely updated/remodeled 3 bedroom/2bath home in the medical center area of Willow Meadows. Enjoy the large fenced back yard with patio and gorgeous shade tree. Freshly painted . Refinished hardwood flooring throughout ( no carpet in house). Formal living and dining rooms plus large family room opening to kitchen and breakfast room. Features include a wine storage alcove off of dining room, granite counters, plantation shutters, a paneled sliding barn style door between living room and family room, energy saving double pane windows, and an extra large walk in storage closet off of family room. Refrigerator included. Separate utility room and two car attached garage Easy access to Loop 610 and local restaurants and shopping.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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ft²
Price/ft²
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HOA + Taxes
About Southwest Houston
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Listed by: Ina Perlman, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 70672500
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Last Updated: 4 months ago
Data Source: HAR , MLS# 70672500
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