$225,000 Last Listed Price
●
House -
Off Market
1218 Mabry Mill Road
Houston, TX 77062
3 Beds
2 Baths
1,538 Ft²
$1,591
Est. Monthly
About This Property
Nestled in the heart of the Clear Lake area, this charming 2-story
home offers a blend of potential and space. As you approach, the
exterior showcases a traditional brick facade with a welcoming
front porch. Step inside to discover a spacious living room filled
with natural light, perfect for cozy gatherings. Freshen up the
walls with a fresh coat of paint to brighten the space and reflect
modern trends. The open layout flows into the kitchen that holds
endless possibilities for creating your dream culinary haven. All
bedrooms offer plenty of living space as well! Moving to the
backyard, youu2019ll find a generous space ideal for entertaining
guests. With ample room for patio furniture and outdoor activities,
itu2019s a blank canvas ready for your personal touch. This
property is a diamond in the rough, waiting for the right buyer to
unlock its full potential! Don't miss out on this opportunity!
Unit Size
1,538 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$146
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1988
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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 #14887899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | No longer available | - | |
| No longer available | |||
| Sep 25, 2024 | Listed by Beycome Brokerage Realty, LLC | $225,000 | |
| Listed by Beycome Brokerage Realty, LLC | |||
| | |||
|
Nestled in the heart of the Clear Lake area, this charming 2-story home offers a blend of potential and space. As you approach, the exterior showcases a traditional brick facade with a welcoming front porch. Step inside to discover a spacious living room filled with natural light, perfect for cozy gatherings. Freshen up the walls with a fresh coat of paint to brighten the space and reflect modern trends. The open layout flows into the kitchen that holds endless possibilities for creating your dream culinary haven. All bedrooms offer plenty of living space as well! Moving to the backyard, youu2019ll find a generous space ideal for entertaining guests. With ample room for patio furniture and outdoor activities, itu2019s a blank canvas ready for your personal touch. This property is a diamond in the rough, waiting for the right buyer to unlock its full potential! Don't miss out on this opportunity!
| |||
| Sep 19, 2024 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Fireplace
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 Clear Lake
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Listed by: Steven Koleno, Beycome Brokerage Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 14887899
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Last Updated: 5 months ago
Data Source: HAR , MLS# 14887899
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