$659,000 Last Listed Price
●
House -
Off Market
1327 Lamonte Lane
Houston, TX 77018
3 Beds
2 Baths
1,963 Ft²
$819,451
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Beautifully renovated single-story home in Oak Forest. Zoned,
within walking distance, to exemplary Oak Forest Elementary. Open
Floor plan with a very spacious kitchen complete with a wine
refrigerator. Complete and spacious Primary Suite with large
walk-in closet, jetted tub and separate shower. Master bedroom
carpet has been replaced with Hardwood and the backyard renovated
to enhance outdoor living space. Home has been very well maintained
since the remodel 10 years ago. Plantation Shutters are in place
throughout the house. All Plumbing has been upgraded as was the
electrical system. A/C replaced in 2018. Mature Trees, automatic
driveway gate and nice large backyard patio installed in 2018 as
well as a full yard drainage system, make this a great family home.
Unit Size
1,963 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$336
Property Type
House
Property Taxes
$1,105
HOA Dues
-
Year Built
1950
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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: 6 months ago (HAR #9478697)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Owen Real Estate | $659,000 | |
| Listed by Owen Real Estate | |||
| | |||
|
Beautifully renovated single-story home in Oak Forest. Zoned, within walking distance, to exemplary Oak Forest Elementary. Open Floor plan with a very spacious kitchen complete with a wine refrigerator. Complete and spacious Primary Suite with large walk-in closet, jetted tub and separate shower. Master bedroom carpet has been replaced with Hardwood and the backyard renovated to enhance outdoor living space. Home has been very well maintained since the remodel 10 years ago. Plantation Shutters are in place throughout the house. All Plumbing has been upgraded as was the electrical system. A/C replaced in 2018. Mature Trees, automatic driveway gate and nice large backyard patio installed in 2018 as well as a full yard drainage system, make this a great family home.
| |||
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 North Houston
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Listed by: Robert Owen, Owen Real Estate
Last Updated: 6 months ago
Data Source: HAR , MLS# 9478697
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Last Updated: 6 months ago
Data Source: HAR , MLS# 9478697
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