$530,000 Last Listed Price
●
House -
Off Market
5000 Beech Street
Bellaire, TX 77401
2 Beds
1 Bath
1,041 Ft²
$3,139
Est. Monthly
About This Property
Heart of Bellaire! Prime corner Bellaire lot is the perfect place
for your dream home to come to life! Home DID NOT FLOOD! Extra
large lot with mature trees is a prime site for a gorgeous new
build. Oaks in front and back. Great lot for new construction in
the heart of Bellaire! Zoned to Condit Elementary and Bellaire High
School. Drive by! Quick and easy access to freeways. Near
Bellaire's new shopping districts, including the new two story HEB,
the highly regarded '401 restaurant and 7 blocks from the Bellaire
Recreation Center, with its indoor basketball gym, fitness classes,
aquatic complex and tennis courts! A great way to access the
schools within the City of Bellaire! Bellaire features multiple
parks, swimming pool parks, tennis courts, the brand new Evelyn's
Park with concerts and events, as well as its own Police, Fire,
Library and Post Office. Recent construction nearby in 1M-2M range.
Unit Size
1,041 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$509
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1945
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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 #10179069)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Brock & Foster Real Estate | $530,000 | |
| Listed by Brock & Foster Real Estate | |||
| | |||
|
Heart of Bellaire! Prime corner Bellaire lot is the perfect place for your dream home to come to life! Home DID NOT FLOOD! Extra large lot with mature trees is a prime site for a gorgeous new build. Oaks in front and back. Great lot for new construction in the heart of Bellaire! Zoned to Condit Elementary and Bellaire High School. Drive by! Quick and easy access to freeways. Near Bellaire's new shopping districts, including the new two story HEB, the highly regarded '401 restaurant and 7 blocks from the Bellaire Recreation Center, with its indoor basketball gym, fitness classes, aquatic complex and tennis courts! A great way to access the schools within the City of Bellaire! Bellaire features multiple parks, swimming pool parks, tennis courts, the brand new Evelyn's Park with concerts and events, as well as its own Police, Fire, Library and Post Office. Recent construction nearby in 1M-2M range.
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Susan Brock, Brock & Foster Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 10179069
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Last Updated: 5 months ago
Data Source: HAR , MLS# 10179069
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