$85,000 Last Listed Price
●
House -
Off Market
222 2nd Street
Brazoria, TX 77422
5 Beds
2 Baths
1,533 Ft²
$84,470
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
This Sprawling 5-bedroom, 2-Bathroom home is a diamond in the
rough, waiting for a skilled touch of investors to restore its
glory. The exterior of the house, while showing signs of wear and
tear, is situated on a spaciouos lot with potential for landscaping
improvement. Inside, the rooms are generously sized, each offering
ample space for renovation and creative design. The flooring,
walls, and ceilings have seen better days but will provide a blank
canvas for buyers to transform the space. Home has new AC units for
both floors. The kitchen and bathrooms require a complete overhall,
offering an opportunity to modernize. With a keen eye and a vision
for potential, you can tunr thie fixer-upper into a lucrative
investment, breathing new life into the home and reaping the
benefits.
Unit Size
1,533 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$55
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1946
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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 #78041351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed by CB&A, Realtors- Loop Central | $85,000 | |
| Listed by CB&A, Realtors- Loop Central | |||
| | |||
|
This Sprawling 5-bedroom, 2-Bathroom home is a diamond in the rough, waiting for a skilled touch of investors to restore its glory. The exterior of the house, while showing signs of wear and tear, is situated on a spaciouos lot with potential for landscaping improvement. Inside, the rooms are generously sized, each offering ample space for renovation and creative design. The flooring, walls, and ceilings have seen better days but will provide a blank canvas for buyers to transform the space. Home has new AC units for both floors. The kitchen and bathrooms require a complete overhall, offering an opportunity to modernize. With a keen eye and a vision for potential, you can tunr thie fixer-upper into a lucrative investment, breathing new life into the home and reaping the benefits.
| |||
Property Highlights
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 Brazoria
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: James Taylor, CB&A, Realtors- Loop Central
Last Updated: 4 months ago
Data Source: HAR , MLS# 78041351
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Last Updated: 4 months ago
Data Source: HAR , MLS# 78041351
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