$585,000 Last Listed Price
●
House -
Off Market
1107 Wakefield Drive
Houston, TX 77018
3 Beds
2 Baths
1,571 Ft²
$3,721
Est. Monthly
About This Property
Build your dream home on this prime 9,180 sf lot in highly
desirable Oak Forest. Well positioned in the middle of Wakefield
Dr. and surrounded by beautiful mature trees, this sought after
deep lot offers a variety of building opportunities with plenty of
room for a pool and additional green space. Stunning new
construction throughout the neighborhood. Enjoy a pleasant stroll
or short ride to nearby parks, restaurants, shopping, and all the
amenities this wonderful neighborhood has to offer. Located minutes
away from the Houston Heights, Downtown, Galleria, Texas Medical
Center, and major transportation arteries like the 610 Loop, I-10,
I-45/Hardy Toll, and HWY 290. No flooding, per seller! Zoned to
Garden Oaks Elementary! Adjacent lot available! MLS#3729871
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$372
Property Type
House
Property Taxes
$848
HOA Dues
-
Year Built
1947
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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: 6 months ago (HAR #33983768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Keller Williams Realty Metropolitan | $585,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
Build your dream home on this prime 9,180 sf lot in highly desirable Oak Forest. Well positioned in the middle of Wakefield Dr. and surrounded by beautiful mature trees, this sought after deep lot offers a variety of building opportunities with plenty of room for a pool and additional green space. Stunning new construction throughout the neighborhood. Enjoy a pleasant stroll or short ride to nearby parks, restaurants, shopping, and all the amenities this wonderful neighborhood has to offer. Located minutes away from the Houston Heights, Downtown, Galleria, Texas Medical Center, and major transportation arteries like the 610 Loop, I-10, I-45/Hardy Toll, and HWY 290. No flooding, per seller! Zoned to Garden Oaks Elementary! Adjacent lot available! MLS#3729871
| |||
Property Highlights
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 North Houston
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Listed by: Brenna Abels, Keller Williams Realty Metropolitan
Last Updated: 6 months ago
Data Source: HAR , MLS# 33983768
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Last Updated: 6 months ago
Data Source: HAR , MLS# 33983768
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