$499,000 Last Listed Price
●
House -
Off Market
1180 Nelson Falls Lane
Houston, TX 77008
3 Beds
2 Baths,
2
Half Baths
2,500 Ft²
$634,747
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
This traditional, detached, gated home with the perfect floorplan
in the heart of the city features RARE FIRST FLOOR LIVING that is
punctuated with high ceilings, crown molding and wood floors that
seamlessly transition to the open concept kitchen and dining.
This space is an entertainers dream with a large island,
ample rich wood cabinets, SS appliances, gas cooktop, modern light
fixture and ½ bath. ALL THE BEDROOMS ARE UPSTAIRS + LAUNDRY
ROOM. The large primary bedroom features wood floors, tall
ceilings, en suite with granite countertops, double sinks, soaking
tub, separate glass shower and spacious WIC. Two additional
bedrooms of generous size are joined by a jack & jill bath with
double sinks. THIRD FLOOR has a super sized GAME ROOM with
full wet bar, wine cooler, ½ bathroom and spacious 250sqft*
WALK-OUT TERRACE, perfectly outfitted with electric and gas
connections. Breweries, coffee shops, and restaurants all in
WALKING DISTANCE. *independently verify dimensions
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$200
Property Type
House
Property Taxes
$911
HOA Dues
$149
Year Built
2013
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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 #43070095)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2021 | Sold | ||
| Sold | |||
| Jan 22, 2021 | Listed by Avenue C Realty | $499,000 | |
| Listed by Avenue C Realty | |||
| | |||
|
This traditional, detached, gated home with the perfect floorplan in the heart of the city features RARE FIRST FLOOR LIVING that is punctuated with high ceilings, crown molding and wood floors that seamlessly transition to the open concept kitchen and dining. This space is an entertainers dream with a large island, ample rich wood cabinets, SS appliances, gas cooktop, modern light fixture and ½ bath. ALL THE BEDROOMS ARE UPSTAIRS + LAUNDRY ROOM. The large primary bedroom features wood floors, tall ceilings, en suite with granite countertops, double sinks, soaking tub, separate glass shower and spacious WIC. Two additional bedrooms of generous size are joined by a jack & jill bath with double sinks. THIRD FLOOR has a super sized GAME ROOM with full wet bar, wine cooler, ½ bathroom and spacious 250sqft* WALK-OUT TERRACE, perfectly outfitted with electric and gas connections. Breweries, coffee shops, and restaurants all in WALKING DISTANCE. *independently verify dimensions
| |||
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: Courtney Katz, Avenue C Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 43070095
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Last Updated: 5 months ago
Data Source: HAR , MLS# 43070095
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