$450,000 Last Listed Price
●
House -
Off Market
1741 Althea Drive
Houston, TX 77018
2 Beds
1 Bath
1,152 Ft²
$448,772
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Location! Location! Location! Highly sought after lot in Oak
Forest. Build your dream home! Situated on a beautiful tree lined
street. This gem sits on a 9,120 corner lot surrounded by luxury
new construction homes!. Centrally located near 610 I-45, 290 and
I-10.The Galleria, Garden Oaks, Heights are minutes away.
Walking distance to shops, restaurants, and grocery stores.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$391
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1949
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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 #51912488)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | $499,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | |||
| | |||
|
Location! Location! Location! Highly sought after lot in Oak Forest. Build your dream home! Situated on a beautiful tree lined street. This gem sits on a 9,120 corner lot surrounded by luxury new construction homes!. Centrally located near 610 I-45, 290 and I-10. The Galleria, Garden Oaks, Heights are minutes away. Walking distance to shops, restaurants, and grocery stores. Beautiful trees surround the property, creating a rare, urban tranquility which allows you to immerse yourself in nature while living centrally in the city! So much more that must be seen in person to appreciate.
| |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by Keller Williams Metropolitan | $450,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Location! Location! Location! Highly sought after lot in Oak Forest. Build your dream home! Situated on a beautiful tree lined street. This gem sits on a 9,120 corner lot surrounded by luxury new construction homes!. Centrally located near 610 I-45, 290 and I-10.The Galleria, Garden Oaks, Heights are minutes away. Walking distance to shops, restaurants, and grocery stores.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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ft²
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About North Houston
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Listed by: Etha Eglin, Keller Williams Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 51912488
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Last Updated: 5 months ago
Data Source: HAR , MLS# 51912488
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