$985,000 Last Listed Price
●
House -
Off Market
5121 Patrick Henry Street
Bellaire, TX 77401
4 Beds
3 Baths,
1
Half Bath
4,213 Ft²
$1,098,345
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
5121 Patrick Henry lives up to its subdivision name of Peaceful
Valley as this section of Bellaire is truly lovely. With
wider, tree lined avenues and bigger lots, the sense of space and
peace in the neighborhood is immediately apparent once you turn off
South Rice. The home was built by well regarded local
builder Damon Homes. At 4213 sf, every room in this home can
boast generous dimensions. The kitchen, featuring
Kitchen Aid appliances is huge with tons of counter space and
cabinetry. The kitchen opens out onto an unusually large
breakfast area which can easily accommodate a farmhouse table for
6-8. The family room is flanked by a wall of windows with
patio door access out onto a covered patio. No back
neighbors! On the second floor, you'll find a primary
bedroom and bathroom suite which will stop you in your tracks with
it's size and private balcony. 3 extra bedrooms anchored by a
game room and media room. Walk to the Bellaire Recreation
Center. Zoned to Condit.
Unit Size
4,213 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$234
Property Type
House
Property Taxes
$1,969
HOA Dues
-
Year Built
2007
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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 #54630372)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Keller Williams Metropolitan | $985,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
5121 Patrick Henry lives up to its subdivision name of Peaceful Valley as this section of Bellaire is truly lovely. With wider, tree lined avenues and bigger lots, the sense of space and peace in the neighborhood is immediately apparent once you turn off South Rice. The home was built by well regarded local builder Damon Homes. At 4213 sf, every room in this home can boast generous dimensions. The kitchen, featuring Kitchen Aid appliances is huge with tons of counter space and cabinetry. The kitchen opens out onto an unusually large breakfast area which can easily accommodate a farmhouse table for 6-8. The family room is flanked by a wall of windows with patio door access out onto a covered patio. No back neighbors! On the second floor, you'll find a primary bedroom and bathroom suite which will stop you in your tracks with it's size and private balcony. 3 extra bedrooms anchored by a game room and media room. Walk to the Bellaire Recreation Center. Zoned to Condit.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: Fiona Gilmour, Keller Williams Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 54630372
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Last Updated: 5 months ago
Data Source: HAR , MLS# 54630372
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