$999,999 Last Listed Price
●
House -
Off Market
2020 Mcaulty Road
Houston, TX 77032
Studio
0 Bath,
2
Half Baths
4,000 Ft²
$5,677
Est. Monthly
About This Property
Multiple rental income-producing properties that are all currently
rented. The sale includes the address 2020 McAulty (large
shop and multiple buildings), 2030 McAulty is a 1-bedroom rental
property, 16424 Waverly Drive is a 2-bedroom rental property, and
16424 Waverly Drive is a 3-bedroom double-wide trailer. Both
of the homes on Waverly Drive have been recently updated.
Drive-by viewings only they run a business currently and all
appointments must allow time to get access to all the properties.
The business will be moved but many items from the business
will remain with the property. Please call me for specific
questions. Once we have a qualified buyer we will allow for a
showing of the properties.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$250
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
1984
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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 #90518342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by Weichert, Realtors - The Murray Group | $999,999 | |
| Listed by Weichert, Realtors - The Murray Group | |||
| | |||
|
Multiple rental income-producing properties that are all currently rented. The sale includes the address 2020 McAulty (large shop and multiple buildings), 2030 McAulty is a 1-bedroom rental property, 16424 Waverly Drive is a 2-bedroom rental property, and 16424 Waverly Drive is a 3-bedroom double-wide trailer. Both of the homes on Waverly Drive have been recently updated. Drive-by viewings only they run a business currently and all appointments must allow time to get access to all the properties. The business will be moved but many items from the business will remain with the property. Please call me for specific questions. Once we have a qualified buyer we will allow for a showing of the properties.
| |||
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 17, 2024 | Price Decreased |
$999,999
↓ $100K
(9.1%) | |
| Price Decreased | |||
Show More
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Waverly Farms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Crystal Lucas, Weichert, Realtors - The Murray Group
Last Updated: 6 months ago
Data Source: HAR , MLS# 90518342
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Last Updated: 6 months ago
Data Source: HAR , MLS# 90518342
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