$385,000 Last Listed Price
●
House -
Off Market
5505 Petty Street
Houston, TX 77007
3 Beds
3 Baths,
1
Half Bath
2,400 Ft²
$489,735
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Find yourself immersed in all the action with the constant ever
evolving city living in this house, located in Cottage Grove.
Centrally and conveniently located, it is a short distance to the
Galleria, downtown, Medical center, and even to both Hobby as well
as IAH airport. With this truly unique 2,400 sqft
floorplan, full of natural lighting, you'll find upgrades galore,
such as; granite countertops, stainless steel appliances, whirlpool
tub in the primary bath, fireplace for those chilly nights, and the
list goes on! There are also 2 additional private parking
spaces right outside your garage. The patio was updated for a low
maintenance requirement and the exterior has more recently been
refinished. The seller is the 2nd owner of the property and
has taken meticulous care of the property. This house is
something you'll have to see in person!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$160
Property Type
House
Property Taxes
$687
HOA Dues
-
Year Built
2005
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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: 6 months ago (HAR #80178467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by SOVRAN | $385,000 | |
| Listed by SOVRAN | |||
| | |||
|
Find yourself immersed in all the action with the constant ever evolving city living in this house, located in Cottage Grove. Centrally and conveniently located, it is a short distance to the Galleria, downtown, Medical center, and even to both Hobby as well as IAH airport. With this truly unique 2,400 sqft floorplan, full of natural lighting, you'll find upgrades galore, such as; granite countertops, stainless steel appliances, whirlpool tub in the primary bath, fireplace for those chilly nights, and the list goes on! There are also 2 additional private parking spaces right outside your garage. The patio was updated for a low maintenance requirement and the exterior has more recently been refinished. The seller is the 2nd owner of the property and has taken meticulous care of the property. This house is something you'll have to see in person!
| |||
Property Highlights
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 Central Houston
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Listed by: Mylene Th Pham, SOVRAN
Last Updated: 6 months ago
Data Source: HAR , MLS# 80178467
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Last Updated: 6 months ago
Data Source: HAR , MLS# 80178467
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