$539,999 Last Listed Price
●
House -
Off Market
1118 Summer Street
Houston, TX 77007
3 Beds
2 Baths,
1
Half Bath
2,246 Ft²
$544,203
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Gorgeous Two story New Construction free-standing home with a
private driveway, backyard and NO HOA! Enjoy living just minutes
from Downtown and walking distance from great restaurants, bars,
shopping and bike/walking trails. Easy access to Memorial Park,
Medical Center and Main highways. This beautiful home has the
living area on the first floor and has amazing natural light, high
tray ceilings and an open concept living floor plan. The inviting
kitchen features beautiful quartz countertops, a large kitchen
island, ample storage space and stainless steel appliances. Enjoy
the backyard and covered patio. The spacious and dreamy homeowners
retreat has high, vaulted ceilings, a large master bathroom with a
soaking tub, separate shower, double sinks and walk in closet. The
game room upstairs is perfect for entertaining.
Unit Size
2,246 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$240
Property Type
House
Property Taxes
$826
HOA Dues
-
Year Built
2020
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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 #60203587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by Nexthome Elite Advisors | $539,999 | |
| Listed by Nexthome Elite Advisors | |||
| | |||
|
Gorgeous Two story New Construction free-standing home with a private driveway, backyard and NO HOA! Enjoy living just minutes from Downtown and walking distance from great restaurants, bars, shopping and bike/walking trails. Easy access to Memorial Park, Medical Center and Main highways. This beautiful home has the living area on the first floor and has amazing natural light, high tray ceilings and an open concept living floor plan. The inviting kitchen features beautiful quartz countertops, a large kitchen island, ample storage space and stainless steel appliances. Enjoy the backyard and covered patio. The spacious and dreamy homeowners retreat has high, vaulted ceilings, a large master bathroom with a soaking tub, separate shower, double sinks and walk in closet. The game room upstairs is perfect for entertaining.
| |||
| Jan 12, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2020 | Listed by Compass RE Texas, LLC | $459,900 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Gorgeous Two story New Construction free-standing home with a private driveway, backyard and NO HOA! Enjoy living just minutes from Downtown and walking distance from great restaurants, bars, shopping and bike/walking trails. Easy access to Memorial Park, Medical Center and Main highways. This beautiful home has the living area on the first floor and has amazing natural light, high tray ceilings and an open concept living floor plan. The inviting kitchen features beautiful quartz countertops, a large kitchen island, ample storage space and stainless steel appliances. Enjoy the backyard and covered patio. The spacious and dreamy homeowners retreat has high, vaulted ceilings, a large master bathroom with a soaking tub, separate shower, double sinks and walk in closet. The game room upstairs is perfect for entertaining.
| |||
Property Highlights
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 Central Houston
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Listed by: Candace Blue, Nexthome Elite Advisors
Last Updated: 5 months ago
Data Source: HAR , MLS# 60203587
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Last Updated: 5 months ago
Data Source: HAR , MLS# 60203587
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