$467,000 Last Listed Price
●
House -
Off Market
5135 Mimosa Drive
Bellaire, TX 77401
3 Beds
2 Baths
1,360 Ft²
$534,454
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Excellent location - one block from Bellaire HS and closer end of
Mimosa towards S. Rice. 3 bedroom, plus TWO baths. This been an
excellent rental for many years - and in completely livable
condition. (Per seller: This was the original home of her
grandmother (1952) purchased by her mother after her passing, she
and her 2 sisters grew up there as a young girls) Amazing
walkability to shopping, dining, Meyerland, HEB. Quiet backyard
that overlooks trees and NO back neighbors. Perfect workspace on
back sunroom or outside patio. Gas stove, ceiling fans, full size
washer and dryer, one car attached garage.
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$343
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #88495216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by Compass RE Texas, LLC | $1,595,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Exceptional Contemporary New Construction Brick/Stone Home in Bellaire. Step inside to a handsome study with custom wood detailed walls. The refined dining room is located perfectly with natural light. Highly functional & open kitchen/living space appointed with stylish designer finishes & linear fireplace. Quartzite/quartz counters, high-end appliances & custom cabinetry. The amazing sliding wall of doors to the grand outdoor veranda/kitchen just sets the mood!! 1st floor hosts a rare/bonus bedroom/2nd primary & full bath. Upstairs are 3 spacious secondary bedrooms all en-suite & prewired media/game room. An oversized laundry with tons of closets & cabinets. A wonderful flex room ideal for a 2nd study, workout/craft room. Luxury awaits in the owner’s suite with a dramatic freestanding tub & dual/2 large custom walk-in closets. This special home is elevator ready. Near Bellaire Parks, Pools, Recreation Center & convenient to the Medical Center & Downtown.
| |||
| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Townhouse Realty | $467,000 | |
| Listed by Townhouse Realty | |||
| | |||
|
Excellent location - one block from Bellaire HS and closer end of Mimosa towards S. Rice. 3 bedroom, plus TWO baths. This been an excellent rental for many years - and in completely livable condition. (Per seller: This was the original home of her grandmother (1952) purchased by her mother after her passing, she and her 2 sisters grew up there as a young girls) Amazing walkability to shopping, dining, Meyerland, HEB. Quiet backyard that overlooks trees and NO back neighbors. Perfect workspace on back sunroom or outside patio. Gas stove, ceiling fans, full size washer and dryer, one car attached garage.
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Building Info
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: John Baxendale, Townhouse Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 88495216
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88495216
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