$395,000 Last Listed Price
●
House -
Off Market
4839 Spellman Road
Houston, TX 77035
3 Beds
2 Baths
2,193 Ft²
$399,579
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Timeless traditional situated on a large corner lot in sought after
Post Oak Manor. Open floorplan with transitional layout. Flex
design spaces offer a variety of options for everyday living or
entertaining. Formals feature a wall of windows with plantation
shutters, and optimal lighting. Kitchen and breakfast room are
positioned at the back of the house, but open to family and
formals. Large backyard, with room for a pool, features a fully
fenced space with flagstone patio that opens directly from living
room. Secondary bedrooms have an abundance of natural lighting, and
great closets. Primary has private bath with large walk in closet.
Kitchen with granite. Updated bathrooms. Pex piping on interior
lines, sewer lines have been updated to PVC, electrical panel has
been updated, front windows 2021, ductwork in attic, drainage in
the backyard, dehumidifier installed 2022, and front landscaping
2022. No flooding.
Unit Size
2,193 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$180
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1960
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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 #49265507)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by Martha Turner Sotheby's International Realty | $395,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Timeless traditional situated on a large corner lot in sought after Post Oak Manor. Open floorplan with transitional layout. Flex design spaces offer a variety of options for everyday living or entertaining. Formals feature a wall of windows with plantation shutters, and optimal lighting. Kitchen and breakfast room are positioned at the back of the house, but open to family and formals. Large backyard, with room for a pool, features a fully fenced space with flagstone patio that opens directly from living room. Secondary bedrooms have an abundance of natural lighting, and great closets. Primary has private bath with large walk in closet. Kitchen with granite. Updated bathrooms. Pex piping on interior lines, sewer lines have been updated to PVC, electrical panel has been updated, front windows 2021, ductwork in attic, drainage in the backyard, dehumidifier installed 2022, and front landscaping 2022. No flooding.
| |||
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Jan 21, 2021 | Listed by Martha Turner Sotheby's | $319,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Inviting Post Oak Manor 3/2 + family room on large corner lot with open floor plan and many windows providing good light. Living/dining area is off the entry and opens to a large family room. Kitchen has granite counters, a travertine backsplash, painted cabinets, slate tile floors, and breakfast area with bar seating. The kitchen and garage directly access the utility room; LG front loader washer/dryer remain. Primary bedroom has an en suite bath with granite counters and a large slate shower. Each secondary bedroom has a nice size closet, windows providing an abundance of natural light, and hallway access to the bathroom. Backyard is large enough for a pool and is fully fenced with a partially covered flagstone patio. The following improvements/replacements which one doesn’t see to appreciate: PEX pipes inside the home 10/16; underground PVC pipes 2/17; yard drainage with new patio 2/17; ductwork in the attic 9/17; electric panel 11/19. No flooding.
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Sommer Pool, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 49265507
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Last Updated: 4 months ago
Data Source: HAR , MLS# 49265507
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