$928,000 Last Listed Price
●
House -
Off Market
5402 Alder Circle
Bellaire, TX 77401
3 Beds
3 Baths,
1
Half Bath
4,018 Ft²
$6,221
Est. Monthly
$154
HOA / Fees
About This Property
Luxury home on a cul-de-sac street in Bellaire. The two-story foyer
welcomes you into this 3-story home with a first-floor open concept
living space, great for entertaining. The island chef's kitchen
with ample counter space and cabinet storage and SS appliances-Sub
Zero refrigerator, two built-in ovens, top one is a full
functionality convection oven and below is an electric oven. The
kitchen faces the dining/family room, the family room is centered
around a gas-log fireplace. French doors open onto the private
patio. A spacious second floor primary suite that has an amazing
ensuite bath with a deep jetted tub, separate glass shower,
separate vanity areas and a fabulous walk-in-closet w/built-in
organizers. Two second floor guest bedrooms with shared bathroom,
and utility room. The third floor has a large flex room with full
bath, currently being used as a gym and room for guests. Home is
elevator capable. Easy access to shopping, freeways, medical center
and much more.
Unit Size
4,018 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$231
Property Type
House
Property Taxes
$1,510
HOA Dues
$154
Year Built
2015
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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 #16833704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by Martha Turner Sotheby's International Realty | $928,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Luxury home on a cul-de-sac street in Bellaire. The two-story foyer welcomes you into this 3-story home with a first-floor open concept living space, great for entertaining. The island chef's kitchen with ample counter space and cabinet storage and SS appliances-Sub Zero refrigerator, two built-in ovens, top one is a full functionality convection oven and below is an electric oven. The kitchen faces the dining/family room, the family room is centered around a gas-log fireplace. French doors open onto the private patio. A spacious second floor primary suite that has an amazing ensuite bath with a deep jetted tub, separate glass shower, separate vanity areas and a fabulous walk-in-closet w/built-in organizers. Two second floor guest bedrooms with shared bathroom, and utility room. The third floor has a large flex room with full bath, currently being used as a gym and room for guests. Home is elevator capable. Easy access to shopping, freeways, medical center and much more.
| |||
Property Highlights
Elevator
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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: Andreas Weber, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 16833704
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Last Updated: 5 months ago
Data Source: HAR , MLS# 16833704
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