$595,000 Last Listed Price
●
House -
Off Market
8703 Ferris Drive
Houston, TX 77096
3 Beds
2 Baths
2,614 Ft²
$591,667
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Fresh & move-in ready! Fantastic location! 1-story home.
Amazing opportunity to reside near shops, Fine Arts Magnet Lovett
elementary, Bellaire High, parks, pools, easy-access freeways, Med
Center. An inviting front yard with a paved trail leads visitors to
an oversized, charming fully-fenced landscaped backyard - a perfect
spot for outdoor life. Inside features tile and hardwood floors and
an abundance of natural light with garden views. Warm living &
dining area opens into the family room with a gas fireplace and
built-in shelving for showcasing pictures of family and friends and
art. Kitchen flaunts generously-sized granite counters, white
cabinets for ample storage and easy cleaning, and stainless-steel
appliance package with gas cooktop. Every bedroom in this home is
graced with natural light, and generous, organized closets. The
primary bedroom features cathedral ceilings, views of the garden,
and an adjoining bonus room. Jacuzzi tub in primary bath.
Unit Size
2,614 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$228
Property Type
House
Property Taxes
$1,105
HOA Dues
$42
Year Built
1955
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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 #32064872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by HH Premier Realty, LLC | $595,000 | |
| Listed by HH Premier Realty, LLC | |||
| | |||
|
Fresh & move-in ready! Fantastic location! 1-story home. Amazing opportunity to reside near shops, Fine Arts Magnet Lovett elementary, Bellaire High, parks, pools, easy-access freeways, Med Center. An inviting front yard with a paved trail leads visitors to an oversized, charming fully-fenced landscaped backyard - a perfect spot for outdoor life. Inside features tile and hardwood floors and an abundance of natural light with garden views. Warm living & dining area opens into the family room with a gas fireplace and built-in shelving for showcasing pictures of family and friends and art. Kitchen flaunts generously-sized granite counters, white cabinets for ample storage and easy cleaning, and stainless-steel appliance package with gas cooktop. Every bedroom in this home is graced with natural light, and generous, organized closets. The primary bedroom features cathedral ceilings, views of the garden, and an adjoining bonus room. Jacuzzi tub in primary bath.
| |||
Property Highlights
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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: Marta Ross, HH Premier Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 32064872
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Last Updated: 5 months ago
Data Source: HAR , MLS# 32064872
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