$949,000 Last Listed Price
●
House -
Off Market
4816 Locust
Bellaire, TX 77401
5 Beds
5 Baths,
1
Half Bath
5,156 Ft²
$999,274
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
A spacious, open plan home in the heart of Bellaire. Designed and
built for the present owner to accommodate active family life as
well as for entertaining large crowds. There are 5 bedrooms (one on
the first floor) and 5 ½ baths. All are generously sized- the 2nd
floor Primary is 27x17. Cul-de-sac location is quiet while
convenient walking distance to HEB, restaurants, shopping and City
amenities. Natural light bathes the house from large windows. The
versatile layout (SEE the attached Floor Plan) includes a study
downstairs, a large central game room up (with wide adjacent
balcony overlooking the pool) and a third-floor flex space (sep
zone AC) with full bath. Front and back stairs. Covered back patio
adjoins the heated pool and spa. Never flooded. Roof 5 years.
Unit Size
5,156 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$184
Property Type
House
Property Taxes
$1,445
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 #10007614)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Dec 8, 2021 | Listed by Keller Williams Metropolitan | $949,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
A spacious, open plan home in the heart of Bellaire. Designed and built for the present owner to accommodate active family life as well as for entertaining large crowds. There are 5 bedrooms (one on the first floor) and 5 ½ baths. All are generously sized- the 2nd floor Primary is 27x17. Cul-de-sac location is quiet while convenient walking distance to HEB, restaurants, shopping and City amenities. Natural light bathes the house from large windows. The versatile layout (SEE the attached Floor Plan) includes a study downstairs, a large central game room up (with wide adjacent balcony overlooking the pool) and a third-floor flex space (sep zone AC) with full bath. Front and back stairs. Covered back patio adjoins the heated pool and spa. Never flooded. Roof 5 years.
| |||
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: Mike Livingston, Keller Williams Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 10007614
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Last Updated: 5 months ago
Data Source: HAR , MLS# 10007614
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