$525,000 Last Listed Price
●
House -
Off Market
1026 Herkimer Street
Houston, TX 77008
2 Beds
1 Bath
1,098 Ft²
$521,725
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Gutted rehab opportunity in the heart of the Heights. Large fenced
in backyard and charming front and back porches. Close proximity to
hike and bike trail, restaurants, shops, 19th street, Donovan Park,
Heights Mercantile, Downtown, Galleria and easy access to I-10 and
610. Do not miss this opportunity in a sought-after location in the
Heights.
Unit Size
1,098 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$478
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
2000
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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 #50394423)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Martha Turner Sotheby's International Realty | $525,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Gutted rehab opportunity in the heart of the Heights. Large fenced in backyard and charming front and back porches. Close proximity to hike and bike trail, restaurants, shops, 19th street, Donovan Park, Heights Mercantile, Downtown, Galleria and easy access to I-10 and 610. Do not miss this opportunity in a sought-after location in the Heights.
| |||
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Keller Williams Metropolitan | $549,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Incredibly Charming Heights Bungalow Located Right on the Heights Hike & Bike path, one of the most sought-after locations in ALL of the Heights!!! This was Built in 2000 by Heights own artist/designer Jeff Law! Property has access from the front on Herkimer and the rear on Nicholson, and has plenty of room with back yard to build a garage and garage apartment if one would like, or live here now and build later. Home features solid and freshly refinished pine wood flooring, new carpet in the bedrooms, granite counters, high ceilings, tons of natural light, a full utility room, and spacious/charming front and rear porches! Live directly on the Heights Hike & Bike path and walk a short distance to get to 19th street shopping, Heights Blvd, MKT and Heights Mercantile! One of the best locations in the city!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Central Houston
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Listed by: Ronald Espinoza, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 50394423
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50394423
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