$230,000 Last Listed Price
●
House -
Off Market
22218 Merrymount Drive
Katy, TX 77450
4 Beds
2 Baths
2,052 Ft²
$310,913
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Welcome home to this darling 4 bedroom home with 2 full bathrooms
and a 2 car detached garage. This home has undergone major
renovations. All flooring was removed and replaced with luxury
vinyl plank. The home has received new baseboards, countertops,
hardware, plumbing fixtures, and light fixtures. A brand new
Carrier AC system with all new ductwork and two returns was
installed to help keep the home fresh. The hot water heater was
recently replaced. The foundation was checked by Jericho prior to
listing and is in good condition needing no work. This home has a
beautiful vaulted ceiling in the den that is highlighted by the
fresh coat of paint. Bedrooms are nicely sized and there is good
closet space. There are covered front and rear porches. Roof was
replaced in 2013 and siding was replaced at some point with cement
board siding. You won't be disappointed with this one. No flooding
from Harvey.
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$112
Property Type
House
Property Taxes
$381
HOA Dues
$42
Year Built
1972
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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: 5 months ago (HAR #63626941)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by GoUpRE | $230,000 | |
| Listed by GoUpRE | |||
| | |||
|
Welcome home to this darling 4 bedroom home with 2 full bathrooms and a 2 car detached garage. This home has undergone major renovations. All flooring was removed and replaced with luxury vinyl plank. The home has received new baseboards, countertops, hardware, plumbing fixtures, and light fixtures. A brand new Carrier AC system with all new ductwork and two returns was installed to help keep the home fresh. The hot water heater was recently replaced. The foundation was checked by Jericho prior to listing and is in good condition needing no work. This home has a beautiful vaulted ceiling in the den that is highlighted by the fresh coat of paint. Bedrooms are nicely sized and there is good closet space. There are covered front and rear porches. Roof was replaced in 2013 and siding was replaced at some point with cement board siding. You won't be disappointed with this one. No flooding from Harvey.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Memorial
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Listed by: Sean Gambini, GoUpRE
Last Updated: 5 months ago
Data Source: HAR , MLS# 63626941
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Last Updated: 5 months ago
Data Source: HAR , MLS# 63626941
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