$359,900 Last Listed Price
●
House -
Off Market
1412 Shearn Street
Houston, TX 77007
2 Beds
1 Bath
1,008 Ft²
$362,702
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Welcome! Don't miss the chance to own the combined lots, or
single family and multi-family properties. Located near the Greater
Heights, this lot provides access to all of the restaurants,
shopping, entertainment, and recreational activities you could ask
for. The Neighborhood is a mixed historic district with 1920s
bungalows and 3-4 story townhomes with rooftop decks. There are
currently three homes situated on the two lots occupied by tenants
until May. Build 4 units or a single-family home with a yard. The
lots are located outside of Historic First Ward restrictions, and
the train is a designated QUIET ZONE. This convenient location is
in close proximity to Sawyer Yards shopping center and Heights Bike
Trail and grants you easy access to I-10, 45, 610, and will provide
for an easy commute.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$357
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
2015
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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: 4 months ago (HAR #30847079)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by eXp Realty, LLC | $359,900 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Welcome! Don't miss the chance to own the combined lots, or single family and multi-family properties. Located near the Greater Heights, this lot provides access to all of the restaurants, shopping, entertainment, and recreational activities you could ask for. The Neighborhood is a mixed historic district with 1920s bungalows and 3-4 story townhomes with rooftop decks. There are currently three homes situated on the two lots occupied by tenants until May. Build 4 units or a single-family home with a yard. The lots are located outside of Historic First Ward restrictions, and the train is a designated QUIET ZONE. This convenient location is in close proximity to Sawyer Yards shopping center and Heights Bike Trail and grants you easy access to I-10, 45, 610, and will provide for an easy commute.
| |||
Property Highlights
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: Nicholas LaPalomento, eXp Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 30847079
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Last Updated: 4 months ago
Data Source: HAR , MLS# 30847079
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