$499,000 Last Listed Price
●
House -
Off Market
1601 Bingham Street
Houston, TX 77007
3 Beds
3 Baths,
1
Half Bath
1,910 Ft²
$526,595
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Location, location, location! A rare opportunity to own a beautiful
3/3.5 single-family home with a large astroturfed yard on a corner
lot. The private driveway is not shared and is fully gated. One
bedroom and full bath are on the first floor. Hardwood throughout
(no carpet), stainless steel appliances, surveillance cameras and
wired for a security system. 2nd floor living space includes an
open-concept large living area and dining room. Primary
bedroom and bath has a separate shower and soaking tub and dual
vanities. NO HOA OR FEES!! New HVAC. Never flooded. The oversized
second floor patio has a great view of downtown in the heart of
Sawyer Heights. Walking distance to numerous restaurants, bars,
breweries, hiking/biking trails, and Sawyer Yards art studios. This
home is only 3 floors so all of the square footage is livable
space. It's on a wide street so there is plenty of parking without
ditches. Did I mention no HOA or flooding??
Unit Size
1,910 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$261
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
2011
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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 #50462725)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Jun 25, 2022 | Listed by Coldwell Banker The Ron Brown | $499,000 | |
| Listed by Coldwell Banker The Ron Brown | |||
| | |||
|
Location, location, location! A rare opportunity to own a beautiful 3/3.5 single-family home with a large astroturfed yard on a corner lot. The private driveway is not shared and is fully gated. One bedroom and full bath are on the first floor. Hardwood throughout (no carpet), stainless steel appliances, surveillance cameras and wired for a security system. 2nd floor living space includes an open-concept large living area and dining room. Primary bedroom and bath has a separate shower and soaking tub and dual vanities. NO HOA OR FEES!! New HVAC. Never flooded. The oversized second floor patio has a great view of downtown in the heart of Sawyer Heights. Walking distance to numerous restaurants, bars, breweries, hiking/biking trails, and Sawyer Yards art studios. This home is only 3 floors so all of the square footage is livable space. It's on a wide street so there is plenty of parking without ditches. Did I mention no HOA or flooding??
| |||
Property Highlights
Garage
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: Pamela Ward, Coldwell Banker The Ron Brown
Last Updated: 5 months ago
Data Source: HAR , MLS# 50462725
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Last Updated: 5 months ago
Data Source: HAR , MLS# 50462725
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