$190,000 Last Listed Price
●
House -
Off Market
2215 Lillian Street
Pasadena, TX 77502
3 Beds
2 Baths,
1
Half Bath
2,232 Ft²
$249,629
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Showings start on Saturday 10/24 Home is in need of repairs.
Priced to sell. New owner needs to remodel master bath and 1/2
bath. Also sheetrock replacement. The owner replaced the
roof 5 years ago. Added a new AC 2 years ago, replaced piping
in the attic and sewer piping. Come see this home and make it
yours!
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$85
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1959
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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: 4 months ago (HAR #61999299)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Apr 21, 2024 | Listed by Realty Right | $250,000 | |
| Listed by Realty Right | |||
| | |||
|
Welcome to 2215 Lillian Street, CURRENTLY TENANT OCCUPIED and being rented as a Co-Living home. It is a fantastic turn-key investment opportunity in a prime location. This property boasts 8 bedrooms and 2 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio.
| |||
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Keller Williams Realty | $190,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Showings start on Saturday 10/24 Home is in need of repairs. Priced to sell. New owner needs to remodel master bath and 1/2 bath. Also sheetrock replacement. The owner replaced the roof 5 years ago. Added a new AC 2 years ago, replaced piping in the attic and sewer piping. Come see this home and make it yours!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wedgewood
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Listed by: Sharon Robinson, Keller Williams Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 61999299
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Last Updated: 4 months ago
Data Source: HAR , MLS# 61999299
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