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5450 Grape Street
About This Property
Welcome to 5450 Grape St, a beautifully maintained 3-bed, 2-bath ranch in Houston's desirable Maplewood neighborhood. This 2,320 SF home offers a bright, open-concept layout with a spacious living room, granite island kitchen w/ ample storage, & a versatile flex space-perfect for a home office, playroom, or guest area. The private primary suite features an updated en-suite bath w/ walk-in shower & direct pool access. You'll love the large indoor laundry room, mature trees, & an inviting courtyard w/ pergola. Step outside to a true backyard retreat, complete w/ a sparkling saltwater pool, shaded seating areas, & lush landscaping. Major upgrades include new A/C & Ductwork (2021), Roof (2018), PEX Attic Plumbing (2008), & ALL Windows Replaced w/ Double-Pane Glass. Conveniently located near Meyerland, Bellaire & Med Center, w/ quick access to 610.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Keller Williams Memorial | $486,384 | |
| Listed by Keller Williams Memorial | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017