$449,000 Last Listed Price
●
House -
Off Market
5523 Effingham Drive
Houston, TX 77035
4 Beds
3 Baths
2,607 Ft²
$2,850
Est. Monthly
About This Property
Stunning 4-bed, 3-bath home nestled on a spacious lot. This home
boasts a modern mid-century aesthetic with a charming exterior
adorned with mature trees and beautifully painted brick. Upon
entering, you will be greeted by a meticulously maintained interior
featuring a modern electric fireplace, granite countertops, custom
cabinetry, a gas cooktop, and stainless steel appliances. The
kitchen also includes a stylish bar area for added convenience. The
well-designed layout, open floor plan, recessed lighting, walk-in
closets, vaulted ceilings, built-in features, and an upstairs bonus
room add to the appeal of this home. Outside, you'll find a
generous backyard with a storage shed, combining style and
functionality seamlessly. Conveniently located near amenities, this
property offers a perfect blend of comfort and convenience. Rest
assured, this property has never been affected by flooding
according to the seller, providing added peace of mind.
Unit Size
2,607 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$172
Property Type
House
Property Taxes
$645
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: 4 months ago (HAR #23415566)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Compass RE Texas, LLC - Houston | $449,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Stunning 4-bed, 3-bath home nestled on a spacious lot. This home boasts a modern mid-century aesthetic with a charming exterior adorned with mature trees and beautifully painted brick. Upon entering, you will be greeted by a meticulously maintained interior featuring a modern electric fireplace, granite countertops, custom cabinetry, a gas cooktop, and stainless steel appliances. The kitchen also includes a stylish bar area for added convenience. The well-designed layout, open floor plan, recessed lighting, walk-in closets, vaulted ceilings, built-in features, and an upstairs bonus room add to the appeal of this home. Outside, you'll find a generous backyard with a storage shed, combining style and functionality seamlessly. Conveniently located near amenities, this property offers a perfect blend of comfort and convenience. Rest assured, this property has never been affected by flooding according to the seller, providing added peace of mind.
| |||
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 Southwest Houston
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Listed by: Becky Wheeler, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 23415566
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Last Updated: 4 months ago
Data Source: HAR , MLS# 23415566
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