$449,999 Last Listed Price
●
House -
Off Market
5619 Spellman Road
Houston, TX 77096
4 Beds
2 Baths
2,267 Ft²
$486,739
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Welcome to 5619 Spellman Road! This beautifully updated home has
never flooded and is conveniently located minutes away from Highway
610 with easy access to the Galleria, Downtown, and the Medical
Center. Your new home has an open concept floor plan with high
vaulted ceilings and generously sized rooms with tons of natural
light. Enjoy the contemporary designer finishes throughout; such as
hard surface flooring, quartz and granite countertops, modern
cabinetry, upgraded fixtures, and many more. This 4 bedroom, 2
bathroom home also includes a flex room/home office, dining room,
breakfast room, utility room, brick on all 4 sides, double-paned
windows, and an oversized patio with a well-maintained pool.
Schedule your tour today!
Unit Size
2,267 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$199
Property Type
House
Property Taxes
$729
HOA Dues
$21
Year Built
1954
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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 #19436140)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Riverway Properties | $449,999 | |
| Listed by Riverway Properties | |||
| | |||
|
Welcome to 5619 Spellman Road! This beautifully updated home has never flooded and is conveniently located minutes away from Highway 610 with easy access to the Galleria, Downtown, and the Medical Center. Your new home has an open concept floor plan with high vaulted ceilings and generously sized rooms with tons of natural light. Enjoy the contemporary designer finishes throughout; such as hard surface flooring, quartz and granite countertops, modern cabinetry, upgraded fixtures, and many more. This 4 bedroom, 2 bathroom home also includes a flex room/home office, dining room, breakfast room, utility room, brick on all 4 sides, double-paned windows, and an oversized patio with a well-maintained pool. Schedule your tour today!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
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ft²
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Listed by: Crystal Duong, Riverway Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 19436140
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Last Updated: 5 months ago
Data Source: HAR , MLS# 19436140
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