$349,000 Last Listed Price
●
House -
Off Market
5714 De Milo Drive
Houston, TX 77092
3 Beds
2 Baths
1,451 Ft²
$351,717
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Charming and updated 3 bedroom, 2 bathroom ranch-style home in Oak
Forest. This home is perfect for entertaining with an open floor
plan, multiple outdoor seating areas, huge backyard, plus
screened-in back porch! Step inside this beautiful home to find the
spacious living room equipped with built-in shelves and a cozy mock
fireplace. The kitchen features tons of cabinet and countertop
space plus an office/study space for work from home needs. Or
perhaps the opportunity to build a dream kitchen in the future! The
Primary Suite features a walk-in closet, vanity area, and huge
walk-in shower. Secondary bedrooms are a great size with a full
bathroom conveniently located in the hallway for guests to share.
The screened-in back porch cools down wonderfully in the hotter
months with a window-unit (separate from main home central A/C).
Storage barn in the backyard is wired with interior lighting plus
panel of plugs for electricity in the back. A/C was replaced in
Summer 2020.
Unit Size
1,451 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$241
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1964
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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 #94088250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by FIG Real Estate, LLC | $349,000 | |
| Listed by FIG Real Estate, LLC | |||
| | |||
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Charming and updated 3 bedroom, 2 bathroom ranch-style home in Oak Forest. This home is perfect for entertaining with an open floor plan, multiple outdoor seating areas, huge backyard, plus screened-in back porch! Step inside this beautiful home to find the spacious living room equipped with built-in shelves and a cozy mock fireplace. The kitchen features tons of cabinet and countertop space plus an office/study space for work from home needs. Or perhaps the opportunity to build a dream kitchen in the future! The Primary Suite features a walk-in closet, vanity area, and huge walk-in shower. Secondary bedrooms are a great size with a full bathroom conveniently located in the hallway for guests to share. The screened-in back porch cools down wonderfully in the hotter months with a window-unit (separate from main home central A/C). Storage barn in the backyard is wired with interior lighting plus panel of plugs for electricity in the back. A/C was replaced in Summer 2020.
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Houston
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Listed by: Michael Flint, FIG Real Estate, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 94088250
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94088250
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