$1,235,000 Last Listed Price
●
House -
Off Market
703 Patchester Drive
Houston, TX 77079
5 Beds
2 Baths,
1
Half Bath
3,341 Ft²
$7,376
Est. Monthly
$67
HOA / Fees
About This Property
For the first time in over 20 years, this wonderful family home is
now being offered for sale in Wilchester West. This meticulously
cared for and updated 5-bedroom home offers unique features such as
hickory wood floors, soapstone countertops, plantation shutters
throughout and a stunning 11 ft vaulted ceiling family room
addition, with skylights and windows overlooking the landscaped
backyard. The cosey living room, with gas fireplace, adjoins the
large open chef's kitchen with its brick accents, hammered copper
sink and other custom features. Separate dining and breakfast rooms
provide additional family and entertaining space. The primary
bedroom and bathroom ensuite are conveniently located on the 1st
floor, with four more substantial bedrooms on the 2nd floor.
As you step into this house, you're embraced with the
feelings of "home". Come see what this home and its community
offer!
Unit Size
3,341 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,244
HOA Dues
$67
Year Built
1966
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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 #38146825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by NB Elite Realty | $1,235,000 | |
| Listed by NB Elite Realty | |||
| | |||
|
For the first time in over 20 years, this wonderful family home is now being offered for sale in Wilchester West. This meticulously cared for and updated 5-bedroom home offers unique features such as hickory wood floors, soapstone countertops, plantation shutters throughout and a stunning 11 ft vaulted ceiling family room addition, with skylights and windows overlooking the landscaped backyard. The cosey living room, with gas fireplace, adjoins the large open chef's kitchen with its brick accents, hammered copper sink and other custom features. Separate dining and breakfast rooms provide additional family and entertaining space. The primary bedroom and bathroom ensuite are conveniently located on the 1st floor, with four more substantial bedrooms on the 2nd floor. As you step into this house, you're embraced with the feelings of "home”. Come see what this home and its community offer!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Charles Irwin, NB Elite Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 38146825
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Last Updated: 5 months ago
Data Source: HAR , MLS# 38146825
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