$370,000 Last Listed Price
●
House -
Off Market
2416 Prospect Street
Houston, TX 77004
3 Beds
2 Baths
2,070 Ft²
$480,471
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
This classic Riverside Terrace 1940's Tudor Storybook Cottage is in
nearly original condition. It is a 3/2 with downstairs study and
upstairs den. Some updates have been made without sacrificing the
original charm. Inside you'll find that the breakfast room and
kitchen feature the original cabinets, complete with glass paned
upper cabinet doors in a craftsman pattern. Downstairs bathroom has
the original floor tile and deep soaking tub inside while the wall
tile has been updated. Upstairs a new bathroom has been added. Fun
details like the old telephone shelf and a shallow can pantry in
the kitchen add to the charm of the house. Home also has a cedar
closet. And a new iron access gate has been installed. The walls
and attic have blown in Celbar insulation. The house combines the
charm of the 1940's with enough updates to make it easy to live in
and it's centrally located on arguably the best street in Riverside
Terrace.
Unit Size
2,070 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$179
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1940
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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 #65666401)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by Monarch Real Estate Group | $370,000 | |
| Listed by Monarch Real Estate Group | |||
| | |||
|
This classic Riverside Terrace 1940’s Tudor Storybook Cottage is in nearly original condition. It is a 3/2 with downstairs study and upstairs den. Some updates have been made without sacrificing the original charm. Inside you’ll find that the breakfast room and kitchen feature the original cabinets, complete with glass paned upper cabinet doors in a craftsman pattern. Downstairs bathroom has the original floor tile and deep soaking tub inside while the wall tile has been updated. Upstairs a new bathroom has been added. Fun details like the old telephone shelf and a shallow can pantry in the kitchen add to the charm of the house. Home also has a cedar closet. And a new iron access gate has been installed. The walls and attic have blown in Celbar insulation. The house combines the charm of the 1940’s with enough updates to make it easy to live in and it’s centrally located on arguably the best street in Riverside Terrace.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
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Listed by: Tirey Counts, Monarch Real Estate Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 65666401
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Last Updated: 5 months ago
Data Source: HAR , MLS# 65666401
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