$849,000 Last Listed Price
●
House -
Off Market
1620 Nevada Street
Houston, TX 77006
3 Beds
2 Baths
2,284 Ft²
$845,842
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
An updated Montrose oasis perfect for entertaining indoors and out.
This well maintained home features beautiful hardwood floors,
stainless steel kitchen with granite counters and oversized pantry.
The home has a wet bar with an overhead glass door that opens to
the covered patio for easy access to the Pebble Sheen swimming pool
and spa tastefully shaded with custom sails. There is a double
carport which can also serves as a party pavilion when
entertaining. The downstairs has a spacious formal dining room and
living room open to a den currently used for the piano and a
sitting area. The upstairs has large bedrooms, spacious utility
area, large walk in closet and an additional sitting area. The
large lot is beautifully landscaped front and back and fully
fenced. A whole house Generac generator is included to power the
home during an occasional power outage.
Unit Size
2,284 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$372
Property Type
House
Property Taxes
$1,303
HOA Dues
-
Year Built
1950
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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 #42980145)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by RE/MAX Signature Galleria | $849,000 | |
| Listed by RE/MAX Signature Galleria | |||
| | |||
|
An updated Montrose oasis perfect for entertaining indoors and out. This well maintained home features beautiful hardwood floors, stainless steel kitchen with granite counters and oversized pantry. The home has a wet bar with an overhead glass door that opens to the covered patio for easy access to the Pebble Sheen swimming pool and spa tastefully shaded with custom sails. There is a double carport which can also serves as a party pavilion when entertaining. The downstairs has a spacious formal dining room and living room open to a den currently used for the piano and a sitting area. The upstairs has large bedrooms, spacious utility area, large walk in closet and an additional sitting area. The large lot is beautifully landscaped front and back and fully fenced. A whole house Generac generator is included to power the home during an occasional power outage.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
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HOA + Taxes
About Central Houston
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Listed by: Michael Copenhaver, RE/MAX Signature Galleria
Last Updated: 6 months ago
Data Source: HAR , MLS# 42980145
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Last Updated: 6 months ago
Data Source: HAR , MLS# 42980145
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