$129,900 Last Listed Price
●
House -
Off Market
302 W 8th Street
Freeport, TX 77541
3 Beds
1 Bath
1,028 Ft²
$855
Est. Monthly
About This Property
2 Homes - 1 Price!! Discover a tranquil living experience
with 302 W 8th, nestled on a serene corner lot in the heart of
Freeport. This unique property presents an exceptional investment
opportunity, featuring a main residence in addition to a 528sf
garage apartment, each boasting distinct charm and individual
privacy. The main home welcomes you with three cozy bedrooms, a
bathroom, and inviting living and dining spaces, with plank
flooring, and a fresh coat of paint, promising a blend of comfort
and style. The additional two-bedroom, one-bathroom apartment
offers a full kitchen, presenting an ideal arrangement for a
mother-in-law suite or a potential rental income stream. Each
dwelling benefits from separate driveways, yards, and entry points,
ensuring autonomy and convenience. This property stands as a
testimony to versatility, inviting you to imagine the possibilities
of creating your own signature experience in this quaint
neighborhood setting.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$126
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1950
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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 #76913972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | Listed by Carter Signature Properties | $129,900 | |
| Listed by Carter Signature Properties | |||
| Apr 7, 2024 | Listed | $159,900 | |
| Listed | |||
| | |||
|
2 Homes - 1 Price!! Discover a tranquil living experience with 302 W 8th, nestled on a serene corner lot in the heart of Freeport. This unique property presents an exceptional investment opportunity, featuring a main residence in addition to a 528sf garage apartment, each boasting distinct charm and individual privacy. The main home welcomes you with three cozy bedrooms, a bathroom, and inviting living and dining spaces, with plank flooring, and a fresh coat of paint, promising a blend of comfort and style. The additional two-bedroom, one-bathroom apartment offers a full kitchen, presenting an ideal arrangement for a mother-in-law suite or a potential rental income stream. Each dwelling benefits from separate driveways, yards, and entry points, ensuring autonomy and convenience. This property stands as a testimony to versatility, inviting you to imagine the possibilities of creating your own signature experience in this quaint neighborhood setting.
| |||
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Century 21 Olympian Lake Jacks | $95,000 | |
| Listed by Century 21 Olympian Lake Jacks | |||
| | |||
|
Excellent opportunity located on a quiet corner lot in Freeport. This 3 bedroom 1 bath home offers an additional garage apartment featuring 2 bedrooms, a kitchen and a bathroom. Perfect for family or source of rental income. Interior of the home has wood flooring throughout. Updated PVC piping and electric panel. Garage apartment only needs flooring and paint. Make this one your own today!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Freeport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cathy Carter, Carter Signature Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 76913972
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Last Updated: 5 months ago
Data Source: HAR , MLS# 76913972
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