$370,000 Last Listed Price
●
House -
Off Market
2511 S Elgin Street S
Houston, TX 77004
3 Beds
3 Baths,
1
Half Bath
2,400 Ft²
$460,086
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
WELL LOCATED. Close to Downtown, the Museum District, close to
Minute Maid Park; Toyota Center, Discovery Green, walking
distance from parks, shops, theaters and restaurants. Contemporary
luxurious
3 story,3 spacious bedrooms,3.5 baths. Master on Third floor with terrace with stunning view over downtown Houston. Reading & galleria area on 2nd floor-connected with a cover terrace, 2 tandem car garage. Home features: Exterior smooth stucco combined with stone & cement board. Engineered hardwood on second & third floor & tile wood pattern on 1st level. Gourmet kitchen with island, granite counter top, designed back splash, stainless appliances, big backyard, NO HOA.
3 story,3 spacious bedrooms,3.5 baths. Master on Third floor with terrace with stunning view over downtown Houston. Reading & galleria area on 2nd floor-connected with a cover terrace, 2 tandem car garage. Home features: Exterior smooth stucco combined with stone & cement board. Engineered hardwood on second & third floor & tile wood pattern on 1st level. Gourmet kitchen with island, granite counter top, designed back splash, stainless appliances, big backyard, NO HOA.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017
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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 #89720432)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Walzel Properties | $370,000 | |
| Listed by Walzel Properties | |||
| | |||
|
WELL LOCATED. Close to Downtown, the Museum District, close to Minute Maid Park; Toyota Center, Discovery Green, walking distance from parks, shops, theaters and restaurants. Contemporary luxurious
3 story,3 spacious bedrooms,3.5 baths. Master on Third floor with terrace with stunning view over downtown Houston. Reading & galleria area on 2nd floor-connected with a cover terrace, 2 tandem car garage. Home features: Exterior smooth stucco combined with stone & cement board. Engineered hardwood on second & third floor & tile wood pattern on 1st level. Gourmet kitchen with island, granite counter top, designed back splash, stainless appliances, big backyard, NO HOA.
| |||
| Jan 10, 2021 | Price Decreased |
$370,000
↓ $29K
(7.3%) | |
| Price Decreased | |||
| Nov 16, 2020 | In contract | - | |
| In contract | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About South Central Houston
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Listed by: Lina Botero, Walzel Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 89720432
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89720432
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