$549,000 Last Listed Price
●
House -
Off Market
5403 Sheldon Street
Houston, TX 77008
2 Beds
2 Baths
1,280 Ft²
$604,836
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
WOW! 7,500 Sq Ft Lot in Unrestricted Area - Zoned to Highly Rated
Field Elementary. Just one block from Studewood and 19th St
Property has a 2/2 house plus garage apartment - all of which is in
need of total and complete renovation. New construction and
renovated bungalows are all around! Walk property or drive by only
-- no interior showings. Tenant is month-to-month and
occupies the garage apartment - please don't disturb him.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$429
Property Type
House
Property Taxes
$1,140
HOA Dues
-
Year Built
1920
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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 #89026532)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Jan 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 20, 2024 | Listed by Martha Turner Sotheby's International Realty | $2,100,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Located in the heart of the Heights, 5403 Sheldon is a brand new, custom designed, four-bedroom, 4,484 sq. ft. estate constructed with the finest finishes by Woodrock Homes. The charming front elevation features a 230 sq. ft. front porch which greets you and your guests. Once inside the home, to your left, is a home office, which could also be utilized as a formal living or 5th bedroom with an en suite bath. Traverse past the stairs on your left where you will find yourself enveloped in a 1,000+ sq. ft. grand space with architectural details to define the kitchen, living and dining rooms. From here, you will be able to walk out to the expansive, covered patio which overlooks the rear lawn of the massive 7,500 sq. ft. property afforded to this 150' deep lot. Upstairs, along with an 800+ sq. ft. master suite which offers a sitting area, a lavish bathroom and an enviable wardrobe closet, you will find a game room, three secondary bedrooms, each with an en suite bath and the laundry room.
| |||
| Jun 22, 2023 | Listed by Martha Turner Sotheby's International Realty | $2,100,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Located in the heart of the Heights, 5403 Sheldon is a four-bedroom, 4,484 sq.ft. estate, which is currently being constructed by Woodrock Homes with an expected Q3 2023 completion date. The charming front elevation features a 230 sq.ft. covered front porch which greets you and your guests. Once inside the home, to your left, is a home office, which could also be utilized as a parlor room or a 5th bedroom with an en suite bath. Traverse past the stairs on your left where you will find yourself enveloped in a 1,000+ sq.ft. grand space with architectural details to define the kitchen, living and dining rooms. From here, you will be able to walk out to the expansive covered patio which overlooks rear lawn of the massive 7,500 sq.ft. backyard afforded to this 150' deep lot. Upstairs, you will find a game room, 3 secondary bedrooms, each with an en suite bath, as well as an 800+ sq.ft. master suite which offers a sitting area, a lavish bathroom and an enviable wardrobe closet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Rae Lynn White, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 89026532
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89026532
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