$169,500 Last Listed Price
●
House -
Off Market
1505 Brazos Avenue
La Marque, TX 77568
3 Beds
2 Baths
2,030 Ft²
$176,287
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Ready for move in! Spacious home is approx. 2,000 sq. ft. and
nestled on a tree shaded corner lot and surrounded by nicely
maintained properties. Addition on the rear of the home was
added to provide larger living, dining, utility room, and includes
a full bathroom. The larger room can easily be converted to a
master suite. There are hardwood floors throughout the
original home and many windows that allow the natural light in.
Formal living room has decorative wood beams on the ceiling and
compliments the built-in hutch in the formal dining room.
Kitchen has a peninsula shape counter and a breakfast nook.
The front and back yards are spacious yet manageable.
Aluminum carport provides covered space for two vehicles.
A Windstorm certificate is on file for a roof installed in
January of 2014. This property is 5-7 minutes from HWY 45 and
is near shopping and places of worship and approx 20 minutes to
Galveston Island and 40 minutes to Houston. No flooding
during Harvey!
Unit Size
2,030 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$84
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1952
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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: 8 months ago (HAR #32926596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Inside Galveston | $169,500 | |
| Listed by Inside Galveston | |||
| | |||
|
Ready for move in! Spacious home is approx. 2,000 sq. ft. and nestled on a tree shaded corner lot and surrounded by nicely maintained properties. Addition on the rear of the home was added to provide larger living, dining, utility room, and includes a full bathroom. The larger room can easily be converted to a master suite. There are hardwood floors throughout the original home and many windows that allow the natural light in. Formal living room has decorative wood beams on the ceiling and compliments the built-in hutch in the formal dining room. Kitchen has a peninsula shape counter and a breakfast nook. The front and back yards are spacious yet manageable. Aluminum carport provides covered space for two vehicles. A Windstorm certificate is on file for a roof installed in January of 2014. This property is 5-7 minutes from HWY 45 and is near shopping and places of worship and approx 20 minutes to Galveston Island and 40 minutes to Houston. No flooding during Harvey!
| |||
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 Highlands
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Listed by: Ingrid Gonzalez, Inside Galveston
Last Updated: 8 months ago
Data Source: HAR , MLS# 32926596
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Last Updated: 8 months ago
Data Source: HAR , MLS# 32926596
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