$225,000 Last Listed Price
●
House -
Off Market
3112 Michael Street
Bacliff, TX 77518
4 Beds
2 Baths
1,536 Ft²
$1,302
Est. Monthly
About This Property
Meticulously updated one-story 4-Bedroom/2-bath home that is sited
on an oversized lot. The home is surrounded by beautifully
developed trees and comes with a workshop on a concrete slab.
Updates to the home include AC and ducts, vinyl flooring
throughout, cabinets, sinks & appliances. Bathrooms remodeled.
Freshly painted throughout, new light fixtures & plumbing
renovated. The open concept is a definite plus for entertaining
family and friends. The backyard provides a covered patio and tons
of yard space for cookouts on a warm summer day. The two-car garage
currently has only one bay for parking and the other bay has a
partially-built man-cave. Just minutes away from the Kemah
Boardwalk and the Gulf to enjoy the amazing views, restaurants,
shopping & fishing. Low taxes, No HOA. Move-In Ready!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$146
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1965
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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 #16601647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | In contract | - | |
| In contract | |||
| Aug 4, 2023 | Listed by Keller Williams Realty The Woodlands | $225,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
Meticulously updated one-story 4-Bedroom/2-bath home that is sited on an oversized lot. The home is surrounded by beautifully developed trees and comes with a workshop on a concrete slab. Updates to the home include AC and ducts, vinyl flooring throughout, cabinets, sinks & appliances. Bathrooms remodeled. Freshly painted throughout, new light fixtures & plumbing renovated. The open concept is a definite plus for entertaining family and friends. The backyard provides a covered patio and tons of yard space for cookouts on a warm summer day. The two-car garage currently has only one bay for parking and the other bay has a partially-built man-cave. Just minutes away from the Kemah Boardwalk and the Gulf to enjoy the amazing views, restaurants, shopping & fishing. Low taxes, No HOA. Move-In Ready!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bacliff
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Listed by: Janell Callihan, Keller Williams Realty The Woodlands
Last Updated: 4 months ago
Data Source: HAR , MLS# 16601647
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Last Updated: 4 months ago
Data Source: HAR , MLS# 16601647
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