$499,000 Last Listed Price
●
House -
Off Market
5206 Grape Street
Houston, TX 77096
3 Beds
2 Baths
2,002 Ft²
$518,979
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Beautifully renovated one-story on large lot in Meyerland! This
Mid-century Mod charmer has hardwood/tile floorings all throughout
and cedar siding with cedar soffits. The home has 3 bedrooms, 2
bathrooms and a nice open living space with high ceilings and large
windows. Panoramic doors open entire wall to the outdoors - perfect
for indoor/outdoor entertaining. Spacious kitchen features large
kitchen island, custom cabinets, Viking gas range, wine/beverage
fridge and walk-in pantry. Primary suite is tucked in a quiet
corner, and primary bathroom has a spacious walk-in shower with
shower jet, handheld and rain shower head. Massive mature oak tree
provides shad to the entire backyard. Sprinkler system, French
drains and storage shed. Recently installed roof, skylights and
fresh coat of paint inside and out. Superior location and zoned to
great schools. Short drive to Texas Medical Center and Galleria.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$249
Property Type
House
Property Taxes
$790
HOA Dues
$40
Year Built
1955
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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 #52198822)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Douglas Elliman Real Estate | $499,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Beautifully renovated one-story on large lot in Meyerland! This Mid-century Mod charmer has hardwood/tile floorings all throughout and cedar siding with cedar soffits. The home has 3 bedrooms, 2 bathrooms and a nice open living space with high ceilings and large windows. Panoramic doors open entire wall to the outdoors - perfect for indoor/outdoor entertaining. Spacious kitchen features large kitchen island, custom cabinets, Viking gas range, wine/beverage fridge and walk-in pantry. Primary suite is tucked in a quiet corner, and primary bathroom has a spacious walk-in shower with shower jet, handheld and rain shower head. Massive mature oak tree provides shad to the entire backyard. Sprinkler system, French drains and storage shed. Recently installed roof, skylights and fresh coat of paint inside and out. Superior location and zoned to great schools. Short drive to Texas Medical Center and Galleria.
| |||
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: Richard Ray, Douglas Elliman Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 52198822
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Last Updated: 5 months ago
Data Source: HAR , MLS# 52198822
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