$1,049,900 Last Listed Price
●
House -
Off Market
1812 Morse Street
Houston, TX 77019
4 Beds
3 Baths,
1
Half Bath
3,025 Ft²
$5,156
Est. Monthly
About This Property
MCD is 2023 Custom Builder of The Year by GHBA. Building in
well-established inner loop neighborhoods, this home comprises all
of the high end finishes you've come to expect from MCD. A balance
of luxury & modern day living. This new luxury, energy efficient
home, features first floor living, flex room, a private driveway,
modest backyard space, granite/quartz countertops, Fisher & Paykel
appliances, a luxurious built-in primary closets, energy efficient
water heater, intricate trim carpentry, engineered wood floors,
spray foam insulation, smart screen thermostat, variable speed
furnace, and 2-stage condenser w multilevel zoning. Retail,
restaurants, gym, groceries, you name it, it's walking distance
away. Major freeways, downtown, medical center, & parks are all
w/in minutes.
Unit Size
3,025 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$347
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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 #57409625)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Listed by DUX Realty, LLC | $1,049,900 | |
| Listed by DUX Realty, LLC | |||
| | |||
|
MCD is 2023 Custom Builder of The Year by GHBA. Building in well-established inner loop neighborhoods, this home comprises all of the high end finishes you’ve come to expect from MCD. A balance of luxury & modern day living. This new luxury, energy efficient home, features first floor living, flex room, a private driveway, modest backyard space, granite/quartz countertops, Fisher & Paykel appliances, a luxurious built-in primary closets, energy efficient water heater, intricate trim carpentry, engineered wood floors, spray foam insulation, smart screen thermostat, variable speed furnace, and 2-stage condenser w multilevel zoning. Retail, restaurants, gym, groceries, you name it, it's walking distance away. Major freeways, downtown, medical center, & parks are all w/in minutes.
| |||
Property Highlights
Air Conditioning
Garage
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 Central Houston
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Listed by: Blake Vincent, DUX Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 57409625
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Last Updated: 5 months ago
Data Source: HAR , MLS# 57409625
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