$399,000 Last Listed Price
●
House -
Off Market
5643 Valkeith Drive
Houston, TX 77096
3 Beds
2 Baths
1,996 Ft²
$421,065
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Fantastic ranch-style all-brick home in Meyerland area, never
flooded, brand new updates. Move-in ready open floor plan, ceiling
fan in every room, no carpet, spacious patio off back door toward
large backyard with sprinkler system. New updates in 2022: roof (30
years shingles), AC system, nice and bright remodeled kitchen with
granite counter tops, double sinks, faucets, disposal, dishwasher,
flat top electric range oven, vent hood in kitchen; primary bath
boasts new granite counter tops with duo sinks, cabinets, faucets;
replaced granite counter tops, faucets in hall bath. Lovely extra
touches - built-in bookshelf, tray ceiling, fireplace in living
room. Additional insulation in attic and water heater replaced in
2021; sewer pipes replaced in 2020, foundation repairs in 2017 with
life time warranty. Fantastic neighborhood with easy access to to
Galleria & medical center, Brays Bayou walk-and-bike trail, ERJCC,
Meyerland Plaza and more!
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$200
Property Type
House
Property Taxes
$586
HOA Dues
$36
Year Built
1963
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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 #21306530)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | Listed by Keller Williams Realty -SW | $399,000 | |
| Listed by Keller Williams Realty -SW | |||
| | |||
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Fantastic ranch-style all-brick home in Meyerland area, never flooded, brand new updates. Move-in ready open floor plan, ceiling fan in every room, no carpet, spacious patio off back door toward large backyard with sprinkler system. New updates in 2022: roof (30 years shingles), AC system, nice and bright remodeled kitchen with granite counter tops, double sinks, faucets, disposal, dishwasher, flat top electric range oven, vent hood in kitchen; primary bath boasts new granite counter tops with duo sinks, cabinets, faucets; replaced granite counter tops, faucets in hall bath. Lovely extra touches - built-in bookshelf, tray ceiling, fireplace in living room. Additional insulation in attic and water heater replaced in 2021; sewer pipes replaced in 2020, foundation repairs in 2017 with life time warranty. Fantastic neighborhood with easy access to to Galleria & medical center, Brays Bayou walk-and-bike trail, ERJCC, Meyerland Plaza and more!
| |||
Property Highlights
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Garage
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: Sandra Tsui, Keller Williams Realty -SW
Last Updated: 4 months ago
Data Source: HAR , MLS# 21306530
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Last Updated: 4 months ago
Data Source: HAR , MLS# 21306530
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