$1,029,000 Last Listed Price
●
House -
Off Market
5405 Alder Circle
Bellaire, TX 77401
3 Beds
4 Baths,
1
Half Bath
3,718 Ft²
$6,714
Est. Monthly
$150
HOA / Fees
About This Property
Beautifully maintained three-story Lovett luxury home on a Bellaire
cul-de-sac. Open concept first floor w/ spacious Living Room w/
gaslog fireplace & lit built-ins opens to Dining Room w/ decorative
chandelier & Chef's Kitchen w/ Quartz breakfast bar & countertops,
high-end stainless-steel appliances & ample soft-close cabinets &
drawers. Serene second floor Primary w/ sitting room, spa-like
bathroom w/ double sinks, central soaking tub & oversized steam
shower, & dual walk-in closets. Two secondary bedrooms w/ baths &
utility room w/ sink on 2nd floor. 3rd floor Media/optional bedroom
w/ electric blackout shades, built-in wet bar w/ mini fridge,
access to large patio & full bath. Great backyard features
expansive deck that runs width of the home w/ retractable awning,
designated dog run and swim spa with pool & hot tub capabilities.
Elevator to all 3 floors. Control 4 system. High ceilings,
wood-look floors and plantation shutters throughout.
Unit Size
3,718 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$277
Property Type
House
Property Taxes
$1,511
HOA Dues
$150
Year Built
2017
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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 #45814611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,029,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
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Beautifully maintained three-story Lovett luxury home on a Bellaire cul-de-sac. Open concept first floor w/ spacious Living Room w/ gaslog fireplace & lit built-ins opens to Dining Room w/ decorative chandelier & Chef’s Kitchen w/ Quartz breakfast bar & countertops, high-end stainless-steel appliances & ample soft-close cabinets & drawers. Serene second floor Primary w/ sitting room, spa-like bathroom w/ double sinks, central soaking tub & oversized steam shower, & dual walk-in closets. Two secondary bedrooms w/ baths & utility room w/ sink on 2nd floor. 3rd floor Media/optional bedroom w/ electric blackout shades, built-in wet bar w/ mini fridge, access to large patio & full bath. Great backyard features expansive deck that runs width of the home w/ retractable awning, designated dog run and swim spa with pool & hot tub capabilities. Elevator to all 3 floors. Control 4 system. High ceilings, wood-look floors and plantation shutters throughout.
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Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Southwest Houston
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Listed by: Hedley Karpas, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 45814611
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45814611
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