$750,000 Last Listed Price
●
House -
Off Market
1503 Vassar Street
Houston, TX 77006
3 Beds
2 Baths
1,764 Ft²
$4,969
Est. Monthly
$13
HOA / Fees
About This Property
Here's an incredible opportunity to own a property in the highly
desirable Museum District, located on a stunningly beautiful
street. Whether you want to build your dream home from scratch or
renovate the existing 3/4-bedroom home, the possibilities are
endless. However, please note that the current tax role does not
include the upstairs square footage, so it's imperative that the
buyer verifies the exact measurements. The lower level boasts a
spacious living room, over-sized full bathroom, dining room, and a
kitchen, along with two bedrooms and an office that have plenty of
potential for remodeling to your liking. Upstairs, you'll find an
additional bedroom, a game room that could also serve as a fourth
bedroom, and a full bathroom. This property is located in
close proximity to the medical center, museums, downtown, shopping,
and restaurants, making it the perfect spot for anyone looking to
enjoy the city's amenities.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$425
Property Type
House
Property Taxes
$1,273
HOA Dues
$13
Year Built
1938
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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 #64237985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | No longer available | - | |
| No longer available | |||
| Jan 22, 2024 | Listed by Martha Turner Sotheby's International Realty | $750,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Here's an incredible opportunity to own a property in the highly desirable Museum District, located on a stunningly beautiful street. Whether you want to build your dream home from scratch or renovate the existing 3/4-bedroom home, the possibilities are endless. However, please note that the current tax role does not include the upstairs square footage, so it's imperative that the buyer verifies the exact measurements. The lower level boasts a spacious living room, over-sized full bathroom, dining room, and a kitchen, along with two bedrooms and an office that have plenty of potential for remodeling to your liking. Upstairs, you'll find an additional bedroom, a game room that could also serve as a fourth bedroom, and a full bathroom. This property is located in close proximity to the medical center, museums, downtown, shopping, and restaurants, making it the perfect spot for anyone looking to enjoy the city's amenities.
| |||
| Oct 20, 2023 | Listed by Martha Turner Sotheby's International Realty | $790,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Here's an incredible opportunity to own a property in the highly desirable Museum District, located on a stunningly beautiful street. Whether you want to build your dream home from scratch or renovate the existing 3/4-bedroom home, the possibilities are endless. However, please note that the current tax role does not include the upstairs square footage, so it's imperative that the buyer verifies the exact measurements. The lower level boasts a spacious living room, over-sized full bathroom, dining room, and a kitchen, along with two bedrooms and an office that have plenty of potential for remodeling to your liking. Upstairs, you'll find an additional bedroom, a game room that could also serve as a fourth bedroom, and a full bathroom. This property is located in close proximity to the medical center, museums, downtown, shopping, and restaurants, making it the perfect spot for anyone looking to enjoy the city's amenities.
| |||
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 South Central Houston
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Listed by: Dawn Smith, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 64237985
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Last Updated: 5 months ago
Data Source: HAR , MLS# 64237985
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