$369,000 Last Listed Price
●
House -
Off Market
5247 Grape Street
Houston, TX 77096
3 Beds
2 Baths
2,148 Ft²
$431,746
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
This lovingly maintained home in Meyerland has remained high and
dry with NO FLOODING history. Most major systems have been replaced
recently, giving the new owners the opportunity to focus on their
desired personal cosmetic touches. The living room is quite large
with a huge picture window and it opens nicely to the formal dining
room. The kitchen offers a gas range, tons of storage and
attractive glass front cabinets. Extra storage and pantry space was
recently added in the laundry room. A family room with French doors
overlooks the spacious backyard, pergola and gorgeous pool with
spa. The master suite also has French doors leading to the pool and
yard. The roof with radiant barrier is 2012 and all the windows
have been replaced within the last 5 years. The owners have enjoyed
the home for 31 years; now the home is ready for its next chapter.
The neighborhood offers great schools and easy access to the Texas
Medical Center, the Galleria, downtown and the 610 Loop.
Unit Size
2,148 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$172
Property Type
House
Property Taxes
$650
HOA Dues
$38
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 #22105320)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Martha Turner Sotheby's | $369,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
This lovingly maintained home in Meyerland has remained high and dry with NO FLOODING history. Most major systems have been replaced recently, giving the new owners the opportunity to focus on their desired personal cosmetic touches. The living room is quite large with a huge picture window and it opens nicely to the formal dining room. The kitchen offers a gas range, tons of storage and attractive glass front cabinets. Extra storage and pantry space was recently added in the laundry room. A family room with French doors overlooks the spacious backyard, pergola and gorgeous pool with spa. The master suite also has French doors leading to the pool and yard. The roof with radiant barrier is 2012 and all the windows have been replaced within the last 5 years. The owners have enjoyed the home for 31 years; now the home is ready for its next chapter. The neighborhood offers great schools and easy access to the Texas Medical Center, the Galleria, downtown and the 610 Loop.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
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About Southwest Houston
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Listed by: Brena Moglovkin, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 22105320
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Last Updated: 5 months ago
Data Source: HAR , MLS# 22105320
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