$245,000 Last Listed Price
●
House -
Off Market
2218 Flagstone Terrace
Houston, TX 77017
4 Beds
2 Baths
2,117 Ft²
$280,388
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This is the one you've been waiting for! Poised on a prime corner
lot, under gorgeous mature shade trees in popular Meadowcreek
Village. An attractive, established neighborhood with quick & easy
access to downtown, the Med Center, Hobby Airport & the major
Universities. This classic colonial has had extensive updates,
including a gorgeous kitchen with everything updated from the
flooring, to the sleek modernist style cabinetry, SS appliances,
countertops, EVERYTHING! Updated wood-style hard surface flooring
throughout the majority of the home, no carpet! Lots of windows for
great natural light with 2 inch blinds throughout. Totally
renovated primary bath with separate dressing vanity. All 4
bedrooms are a great size. Formal dining with retro Sputnik
chandelier, additional breakfast area. Huge den plus formal living
which would also make a great home office. 2 car garage plus
carport provides covered parking for up to 3 cars, plus a double
wide driveway. A lot of bang for under $250!
Unit Size
2,117 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$116
Property Type
House
Property Taxes
$355
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 #64221120)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by Robert Searcy Properties | $245,000 | |
| Listed by Robert Searcy Properties | |||
| | |||
|
This is the one you've been waiting for! Poised on a prime corner lot, under gorgeous mature shade trees in popular Meadowcreek Village. An attractive, established neighborhood with quick & easy access to downtown, the Med Center, Hobby Airport & the major Universities. This classic colonial has had extensive updates, including a gorgeous kitchen with everything updated from the flooring, to the sleek modernist style cabinetry, SS appliances, countertops, EVERYTHING! Updated wood-style hard surface flooring throughout the majority of the home, no carpet! Lots of windows for great natural light with 2 inch blinds throughout. Totally renovated primary bath with separate dressing vanity. All 4 bedrooms are a great size. Formal dining with retro Sputnik chandelier, additional breakfast area. Huge den plus formal living which would also make a great home office. 2 car garage plus carport provides covered parking for up to 3 cars, plus a double wide driveway. A lot of bang for under $250!
| |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Eastside
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Listed by: Robert Searcy, Robert Searcy Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 64221120
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Last Updated: 4 months ago
Data Source: HAR , MLS# 64221120
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