$949,000 Last Listed Price
●
House -
Off Market
5627 Olympia Drive
Houston, TX 77056
4 Beds
4 Baths
3,425 Ft²
$1,282,855
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Sought after true gem and a great price!This home has been freshly
painted and ready for immediate move-in! Impeccably
maintained 4 bedroom, 4 bath home on a sprawling 12,000+ lot in
Briarcroft zoned to Briargrove Elementary. Open floor plan for
entertaining features a gourmet kitchen with island, 6 top gas
range, full size stainless side by side refrigerator freezer and
side by side wine chillers and lots of cabinet storage and spacious
breakfast area. Generous formals and family room with hardwood
floors. Master suite addition features coffered ceiling, hardwood
floors , walk in closet, built ins, and large master bath with dual
sinks and oversized shower. Versatile bonus room off utility area
has access to yard could be 5th bedroom, home office or play room.
Tranquil yard with outdoor kitchen, fountain, spa, outdoor fire
pit, speakers and room for pool. Electric gate and so much more!
Never flooded per seller and outside the 500 year flood plain
Unit Size
3,425 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$277
Property Type
House
Property Taxes
$1,657
HOA Dues
$55
Year Built
1950
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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 #60264484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Martha Turner Sotheby's | $949,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Sought after true gem and a great price!This home has been freshly painted and ready for immediate move-in! Impeccably maintained 4 bedroom, 4 bath home on a sprawling 12,000+ lot in Briarcroft zoned to Briargrove Elementary. Open floor plan for entertaining features a gourmet kitchen with island, 6 top gas range, full size stainless side by side refrigerator freezer and side by side wine chillers and lots of cabinet storage and spacious breakfast area. Generous formals and family room with hardwood floors. Master suite addition features coffered ceiling, hardwood floors , walk in closet, built ins, and large master bath with dual sinks and oversized shower. Versatile bonus room off utility area has access to yard could be 5th bedroom, home office or play room. Tranquil yard with outdoor kitchen, fountain, spa, outdoor fire pit, speakers and room for pool. Electric gate and so much more! Never flooded per seller and outside the 500 year flood plain
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Westside
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Listed by: Jana Giammalva, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 60264484
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Last Updated: 5 months ago
Data Source: HAR , MLS# 60264484
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