$100,000 Last Listed Price
●
House -
Off Market
2906 Short Street
Needville, TX 77461
2 Beds
1 Bath
810 Ft²
$630
Est. Monthly
About This Property
INVESTOR SPECIAL. This home will not qualify for traditional terms,
but with the right things done to it, could make someone a unique
investment opportunity. Located in town with businesses surrounding
it, the uses could vary, but will require your own research with
the city of Needville. This traditional old farm house style home
is very typical of its style and layout from the era it was built
in. City services are available, but all have been turned off.
Electricity is currently on, but it too will need updating. Come
take a look at this great investment opportunity in the rapidly
growing town of Needville. You can move the home from the lot and
simply wait for future development, or look at making it what ever
you find to be good for you and the city. Come take a look today,
these finds typically do not last long.
Unit Size
810 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$123
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1925
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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 #67120444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Feb 5, 2024 | Listed by RE/MAX Fine Properties | $100,000 | |
| Listed by RE/MAX Fine Properties | |||
| | |||
|
INVESTOR SPECIAL. This home will not qualify for traditional terms, but with the right things done to it, could make someone a unique investment opportunity. Located in town with businesses surrounding it, the uses could vary, but will require your own research with the city of Needville. This traditional old farm house style home is very typical of its style and layout from the era it was built in. City services are available, but all have been turned off. Electricity is currently on, but it too will need updating. Come take a look at this great investment opportunity in the rapidly growing town of Needville. You can move the home from the lot and simply wait for future development, or look at making it what ever you find to be good for you and the city. Come take a look today, these finds typically do not last long.
| |||
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 Needville
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Listed by: Jeffrey Lutz, RE/MAX Fine Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 67120444
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67120444
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