$600,000 Last Listed Price
●
House -
Off Market
1616 Vassar Street
Houston, TX 77006
2 Beds
2 Baths
1,605 Ft²
$620,347
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Recently renovated bungalow in the highly desirable Boulevard Oaks
neighborhood. Prepare to fall in love with this fantastic home with
original charm and modern elements. Beautiful 2" original oak
flooring flows through the bright and open living room with wood
burning fireplace, and into the formal dining room with large
windows and designer lighting. The chef's kitchen offers marble
countertops, an island with a 6 burner gas cooktop, farmers sink,
custom shaker cabinets, and ample storage and cabinet space.
Spacious primary bedroom with en-suite bathroom, and an additional
oversized bedroom in the home. Upstairs you will find a super-sized
bonus room with built-ins and extra storage space that would make
an excellent 3rd bedroom, family room, or playroom. Easy commute to
Medical Center, minutes from Rice University, and just a short walk
to elementary school. All this coupled with close proximity to
shopping and dining will make this a place you want to call home!
Unit Size
1,605 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$374
Property Type
House
Property Taxes
$1,164
HOA Dues
-
Year Built
1935
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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 #56390607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Redfin Corporation | $600,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Recently renovated bungalow in the highly desirable Boulevard Oaks neighborhood. Prepare to fall in love with this fantastic home with original charm and modern elements. Beautiful 2” original oak flooring flows through the bright and open living room with wood burning fireplace, and into the formal dining room with large windows and designer lighting. The chef’s kitchen offers marble countertops, an island with a 6 burner gas cooktop, farmers sink, custom shaker cabinets, and ample storage and cabinet space. Spacious primary bedroom with en-suite bathroom, and an additional oversized bedroom in the home. Upstairs you will find a super-sized bonus room with built-ins and extra storage space that would make an excellent 3rd bedroom, family room, or playroom. Easy commute to Medical Center, minutes from Rice University, and just a short walk to elementary school. All this coupled with close proximity to shopping and dining will make this a place you want to call home!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
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ft²
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HOA + Taxes
About South Central Houston
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Listed by: Melina Ortiz-Guevara, Redfin Corporation
Last Updated: 6 months ago
Data Source: HAR , MLS# 56390607
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Last Updated: 6 months ago
Data Source: HAR , MLS# 56390607
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