$1,949,000 Last Listed Price
●
House -
Off Market
1222 Omar Street
Houston, TX 77008
4 Beds
5 Baths
4,321 Ft²
$1,936,843
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
1222 Omar is a 4/6 bed (downstairs study and top level gameroom
have full baths and closets), 5 full bath new construction home by
Modern Bungalow Co. with alley access to garage, featuring an
outdoor covered pavilion, oversized lot, 11 ft. ceilings down,
formal dining room, study/flex bedroom downstairs, full bath powder
room, huge family room with breakfast area and island kitchen,
large primary bed/bath/walk-in closet, spacious secondary bedrooms,
and a 3rd floor open gameroom with ensuite full bath. Unfinished
garage apartment included. Selections underway by design team now
with many selections remaining for a buyer, see specs in
public docs. Modern Bungalow has been in business in the
Heights since 2008 and is a 100% owner-operated business - ask for
a meeting and get to know the team! Completion August 2023.
Unit Size
4,321 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$451
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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 #69838502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Boulevard Realty | $1,949,000 | |
| Listed by Boulevard Realty | |||
| | |||
|
1222 Omar is a 4/6 bed (downstairs study and top level gameroom have full baths and closets), 5 full bath new construction home by Modern Bungalow Co. with alley access to garage, featuring an outdoor covered pavilion, oversized lot, 11 ft. ceilings down, formal dining room, study/flex bedroom downstairs, full bath powder room, huge family room with breakfast area and island kitchen, large primary bed/bath/walk-in closet, spacious secondary bedrooms, and a 3rd floor open gameroom with ensuite full bath. Unfinished garage apartment included. Selections underway by design team now with many selections remaining for a buyer, see specs in public docs. Modern Bungalow has been in business in the Heights since 2008 and is a 100% owner-operated business - ask for a meeting and get to know the team! Completion August 2023.
| |||
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by James D. Owens & Associates | $799,000 | |
| Listed by James D. Owens & Associates | |||
| | |||
|
NICE HEIGHTS BUNGALOW WITH HARDWOODS, REDONE KITCHEN WITH TILE COUNTER TOPS, EATING BAR. INSIDE UTILITY ROOM, CEILING FANS, COZY DEN, CENTRALS AND TWO GARAGE SPACES! BRIGHT AND LIGHT!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Melissa Kubala, Boulevard Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 69838502
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Last Updated: 5 months ago
Data Source: HAR , MLS# 69838502
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