3005 Chapman Street
About This Property
***Great LOCATION this beauty resides in the sought-after North side of Houston. Within minutes of interstate 59, 45 and 610 loop. In close proximity to downtown, heights and Hardy yards area all the fun just minutes away.
This property houses two separate living quarters; main home has 2 bedrooms, 2 full baths, kitchen, utility room and living area. Guest house has a complete full bedroom, full bath along with living space and kitchen. Both homes have beautiful finishes that include quartz counter tops, beautiful back splash, modern ceiling fans, recess lighting throughout the living area, and much more.
It also includes an oversized carport and the homes are fully gated.
Primary home is approx.: 1036 sq ft and guest house is approx.: 480 sq ft.
*Excellent INVESTMENT Rental
Buyer to verify all room sizes(approx. measurements)
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by JLA Realty | $335,000 | |
| Listed by JLA Realty | |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed by Keller Williams Realty -SW | $200,000 | |
| Listed by Keller Williams Realty -SW | |||
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1436 square foot, 3 bedroom, single story home on a 5,000 square foot lot on the northside close to interstate 59 and all of downtown. Excellent investment rental or future development, the roof, electrical system, plumbing and interior ceilings and flooring were replaced in 2019 and 2020 The home is fully fenced and gated.
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About Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 93274393
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