$350,000 Last Listed Price
●
House -
Off Market
5218 Washington
Houston, TX 77007
3 Beds
2 Baths,
1
Half Bath
1,717 Ft²
$404,518
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
**Enter community via Center Street**An amazing 3bed/2.5bath home
in the Rice Military/Washington Corridor area is ready for new
owners! An open floorplan offers high ceilings and an abundance of
natural light reflected on lovely wood floors. Two bedrooms, a full
bath, and a large utility room make up the first floor. Head
upstairs to enjoy a lavish family room with space to entertain. It
opens to a classic island kitchen that features granite
countertops, ample cabinet space, and a breakfast bar accented by
LED recessed lighting. A cozy dining area rests near a wine
refrigerator and overlooks the balcony where you can enjoy a warm
Texas sunset. The primary bedroom ensuite is quite spacious and
features a vaulted ceiling and French doors that open to a Juliet
balcony. A gorgeous bathroom offers a large soaking tub, a double
sink vanity, and a beautifully tiled shower. Outdoor areas are
xeriscaped meaning no yardwork! Recent A/C and recent updated LED
lights are just waiting for you!!
Unit Size
1,717 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$204
Property Type
House
Property Taxes
$720
HOA Dues
$180
Year Built
2004
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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: 6 months ago (HAR #42291694)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | In contract | - | |
| In contract | |||
| Oct 20, 2023 | Listed by Compass RE Texas, LLC - The Heights | $395,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| | |||
|
Meticulously maintained and move in-ready, 5218 Washington is centrally located in the heart of Houston's Rice Military/Washington Corridor. The first floor offers 2 bedrooms, 1 full bathroom, laundry room and a private fenced patio. On the second floor you will find an open concept living/dining/kitchen floorplan plus additional outdoor area. Cathedral ceilings make the space feel even more grandiose, and oak hardwood floors throughout are just a couple of the craftsmanship details you will find. The kitchen features SS appliances plus beverage fridge, granite countertops, island and eat-in breakfast area. Enjoy a large primary bedroom with en-suite bathroom and w/in closet. Recently updated AC. No shared walls - freestanding. For those that seek convenience, numerous restaurants and entertainment are within walking distance or a short drive, including Memorial Park, The Heights and Downtown. NO FLOODING PER SELLER. Welcome home!
| |||
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by MOVE HOUSTON REAL ESTATE | $350,000 | |
| Listed by MOVE HOUSTON REAL ESTATE | |||
| | |||
|
**Enter community via Center Street**An amazing 3bed/2.5bath home in the Rice Military/Washington Corridor area is ready for new owners! An open floorplan offers high ceilings and an abundance of natural light reflected on lovely wood floors. Two bedrooms, a full bath, and a large utility room make up the first floor. Head upstairs to enjoy a lavish family room with space to entertain. It opens to a classic island kitchen that features granite countertops, ample cabinet space, and a breakfast bar accented by LED recessed lighting. A cozy dining area rests near a wine refrigerator and overlooks the balcony where you can enjoy a warm Texas sunset. The primary bedroom ensuite is quite spacious and features a vaulted ceiling and French doors that open to a Juliet balcony. A gorgeous bathroom offers a large soaking tub, a double sink vanity, and a beautifully tiled shower. Outdoor areas are xeriscaped meaning no yardwork! Recent A/C and recent updated LED lights are just waiting for you!!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Joseph Garcia, MOVE HOUSTON REAL ESTATE
Last Updated: 6 months ago
Data Source: HAR , MLS# 42291694
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Last Updated: 6 months ago
Data Source: HAR , MLS# 42291694
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