$239,980 Last Listed Price
●
House -
Off Market
11523 Fairpoint Drive
Houston, TX 77099
3 Beds
2 Baths
1,469 Ft²
$1,492
Est. Monthly
$18
HOA / Fees
About This Property
Completely renovated and move-in realty. This 3-bed 2-bath ranch
home boasts a very open floor plan. Spacious family room opens to
the newly remodeled kitchen; Large primary suites with sitting area
and private bathroom; Two good sized secondary bedrooms and an
additional full bath. Updates include new roof with 30-year
shingles, fresh paint inside out, foundation leveling with
transferrable warranty, new granite counter top in kitchen and all
bathrooms, new stainless steel kitchen appliances, new faucets, new
toilets, new bathtub with tile wrap on the bathtub-wall, all new
HVAC system, all new electrical outlets and switches, all new entry
exterior doors, six new windows, new garage doors, new garage door
opener and a lot more. Located in a nice and quiet neighborhood
with mature trees. Easy access to Beltway-8 and US-59. Please
verify room sizes and school information.
Unit Size
1,469 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$163
Property Type
House
Property Taxes
$294
HOA Dues
$18
Year Built
1974
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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 #60768431)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 24, 2024 | Relisted | $239,980 | |
| Relisted | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | Listed by Orca Realty, LLC | $239,980 | |
| Listed by Orca Realty, LLC | |||
| | |||
|
Completely renovated and move-in realty. This 3-bed 2-bath ranch home boasts a very open floor plan. Spacious family room opens to the newly remodeled kitchen; Large primary suites with sitting area and private bathroom; Two good sized secondary bedrooms and an additional full bath. Updates include new roof with 30-year shingles, fresh paint inside out, foundation leveling with transferrable warranty, new granite counter top in kitchen and all bathrooms, new stainless steel kitchen appliances, new faucets, new toilets, new bathtub with tile wrap on the bathtub-wall, all new HVAC system, all new electrical outlets and switches, all new entry exterior doors, six new windows, new garage doors, new garage door opener and a lot more. Located in a nice and quiet neighborhood with mature trees. Easy access to Beltway-8 and US-59. Please verify room sizes and school information.
| |||
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Eric Fu, Orca Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 60768431
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Last Updated: 5 months ago
Data Source: HAR , MLS# 60768431
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