$499,900 Last Listed Price
●
House -
Off Market
5807 Reamer Street
Houston, TX 77074
3 Beds
4 Baths
2,420 Ft²
$577,768
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Quintessentially renovated & beautifully elevated home in the
charming Meyerland area! Great open concept w/spacious
family/living & dining room, displaying stylish finishes
throughout. Features include quartz countertops, bright white
cabinetry, subway tile backsplash, SS appliances & built-ins. Two
ensuite master bedrooms with spa-like baths. Now for the piece de
resistance! Elevating the home created an amazing bonus
space/activity area on the lower level. This space has endless
possibilities, including an office, home gym, workshop, boat
storage, etc. On top of the TEXAS basement is an efficiency/in-law
suite that sports a private entry, full bathroom, kitchenette, and
stackable washer-dryer connection. Can you $ay income property!!
The laundry/mud room has a fold station & access to the balcony
with views of the tranquil and lush backyard (with space for a
pool), the large patio below and desirable mature trees for shade.
This home is a Gem in Robindell.
Unit Size
2,420 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$207
Property Type
House
Property Taxes
$613
HOA Dues
$13
Year Built
1961
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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 #87886988)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by eXp Realty, LLC | $499,900 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Quintessentially renovated & beautifully elevated home in the charming Meyerland area! Great open concept w/spacious family/living & dining room, displaying stylish finishes throughout. Features include quartz countertops, bright white cabinetry, subway tile backsplash, SS appliances & built-ins. Two ensuite master bedrooms with spa-like baths. Now for the pièce de résistance! Elevating the home created an amazing bonus space/activity area on the lower level. This space has endless possibilities, including an office, home gym, workshop, boat storage, etc. On top of the TEXAS basement is an efficiency/in-law suite that sports a private entry, full bathroom, kitchenette, and stackable washer-dryer connection. Can you $ay income property!! The laundry/mud room has a fold station & access to the balcony with views of the tranquil and lush backyard (with space for a pool), the large patio below and desirable mature trees for shade. This home is a Gem in Robindell.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Southwest Houston
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Listed by: Kimberly Augustine, eXp Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 87886988
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Last Updated: 4 months ago
Data Source: HAR , MLS# 87886988
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