$219,988 Last Listed Price
●
House -
Off Market
2219 Merle Street
Pasadena, TX 77502
4 Beds
1 Bath
1,596 Ft²
$1,431
Est. Monthly
About This Property
This move-in-ready home has gotten a major facelift & is looking
hotter than EVER! Water heater & TRANE A/C appx 2021, beautiful
vinyl plank floors & recent carpet in the bedrooms. Fresh paint,
LED lights & a stunning kitchen overhaul make this one stand out
from the rest. We're talking QUARTZ countertops, breakfast nook,
white cabinets, stainless appliances, subway tile backsplash, big
sink...it's OK to be impressed by all of this awesomeness. Three
bedrooms are to the right w/ a 4th bedroom separate that could make
a fantastic home office if preferred. The bathroom is trimmed out
beautifully with subway tile tub/shower as well & storage shelves
that sit to the side of the vanity. The living/dining rooms are
both nicely-sized with a valet station next to the front door. The
backyard is spacious & fully fenced - perfect for chillin' or
grillin'! 1-car attached garage w/ laundry, plus carport. There is
an extra room added on the back w/ a conversion that could become a
future bathroom.
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$138
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1953
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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 #36891290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2023 | Listed by CB&A, Realtors- Southeast | $219,988 | |
| Listed by CB&A, Realtors- Southeast | |||
| | |||
|
This move-in-ready home has gotten a major facelift & is looking hotter than EVER! Water heater & TRANE A/C appx 2021, beautiful vinyl plank floors & recent carpet in the bedrooms. Fresh paint, LED lights & a stunning kitchen overhaul make this one stand out from the rest. We're talking QUARTZ countertops, breakfast nook, white cabinets, stainless appliances, subway tile backsplash, big sink...it's OK to be impressed by all of this awesomeness. Three bedrooms are to the right w/ a 4th bedroom separate that could make a fantastic home office if preferred. The bathroom is trimmed out beautifully with subway tile tub/shower as well & storage shelves that sit to the side of the vanity. The living/dining rooms are both nicely-sized with a valet station next to the front door. The backyard is spacious & fully fenced - perfect for chillin' or grillin'! 1-car attached garage w/ laundry, plus carport. There is an extra room added on the back w/ a conversion that could become a future bathroom.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Shaver Place
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Listed by: Randall Martin, CB&A, Realtors- Southeast
Last Updated: 4 months ago
Data Source: HAR , MLS# 36891290
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Last Updated: 4 months ago
Data Source: HAR , MLS# 36891290
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