$390,000 Last Listed Price
●
House -
Off Market
5475 Loch Lomond Drive
Houston, TX 77096
3 Beds
2 Baths
1,855 Ft²
$2,567
Est. Monthly
About This Property
FALL IN LOVE with this fully updated 3B2B one story home with
study/formal dining room on a corner lot, with close proximity to
major freeways 610 and 69, the Galleria, medical center and museum
districts. Updates include new cabinets throughout, new interior
paint, new luxury vinyl in most areas and tiles in 2 bathrooms. New
kitchen island, new quartz countertops, new sink, new faucet; New
range, new rangehood, new waste disposal; Updated bathrooms with
new tile floor, new bath tub, new shower stall, new toilets
commodes, mirrors, new faucets, new quartz countertop; New
blinds, ceiling fan and light fixtures; Added spray-foam insulation
in the attic; New plumbing in most areas of home above ground and
underground. New water heater. Foundation repaired with lifetime
transferrable warranty. Zone to the sought-after Bellaire High
School. Low 2.2% tax rate.
Unit Size
1,855 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$210
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1960
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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 #54963982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | No longer available | - | |
| No longer available | |||
| Mar 26, 2024 | Listed by Forever Realty, LLC | $390,000 | |
| Listed by Forever Realty, LLC | |||
| | |||
|
FALL IN LOVE with this fully updated 3B2B one story home with study/formal dining room on a corner lot, with close proximity to major freeways 610 and 69, the Galleria, medical center and museum districts. Updates include new cabinets throughout, new interior paint, new luxury vinyl in most areas and tiles in 2 bathrooms. New kitchen island, new quartz countertops, new sink, new faucet; New range, new rangehood, new waste disposal; Updated bathrooms with new tile floor, new bath tub, new shower stall, new toilets commodes, mirrors, new faucets, new quartz countertop; New blinds, ceiling fan and light fixtures; Added spray-foam insulation in the attic; New plumbing in most areas of home above ground and underground. New water heater. Foundation repaired with lifetime transferrable warranty. Zone to the sought-after Bellaire High School. Low 2.2% tax rate.
| |||
| Feb 24, 2024 | Listed by Forever Realty, LLC | $436,000 | |
| Listed by Forever Realty, LLC | |||
| | |||
|
FALL IN LOVE with this fully updated 3B2B one story home with study/formal dining room on a corner lot, with close proximity to major freeways 610 and 69, the Galleria, medical center and museum districts. Updates include new cabinets throughout, new interior paint, new luxury vinyl in most areas and tiles in 2 bathrooms. New kitchen island, new quartz countertops, new sink, new faucet; New range, new rangehood, new waste disposal; Updated bathrooms with new tile floor, new bath tub, new shower stall, new toilets commodes, mirrors, new faucets, new quartz countertop; New blinds, ceiling fan and light fixtures; Added spray-foam insulation in the attic; New plumbing in most areas of home above ground and underground. New water heater. Foundation repaired with lifetime transferrable warranty. Zone to the sought-after Bellaire High School. Low 2.2% tax rate.
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Kristy Chan, Forever Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 54963982
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Last Updated: 5 months ago
Data Source: HAR , MLS# 54963982
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