$529,000 Last Listed Price
●
House -
Off Market
312 Archer Street
Houston, TX 77009
2 Beds
2 Baths
1,352 Ft²
$526,037
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Charming 2BR/2BA 1930s bungalow, w/ great updates & character.
Located on a large corner lot w/ room for expansion, this
home features spacious rooms, high ceilings, & abundant natural
light. Upon entry, a large living room greets you with two built-in
shelves that flank the entry into the dining room. The spacious
dining room includes a display nook & beautiful wood details.
A well-appointed kitchen offers honed granite counters,
shaker style cabinets, SS appliances, & space for a home office or
breakfast table. The primary bedroom, located off the back of the
home, includes a spa-like primary bath w/ soaking tub, walk-in
shower, & large walk-in closet. The guest bedroom features built-in
shelves & a built-in window seat w/ storage. A spacious guest
bath w/ tub/shower combo completes the interior space. This home is
conveniently located near I-45, I-59/69, I-610, Allen Parkway and
Memorial, and offers great access to many of the best dining &
entertainment venues Houston offers.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$391
Property Type
House
Property Taxes
$826
HOA Dues
-
Year Built
1930
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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 #61585893)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $529,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
| | |||
|
Charming 2BR/2BA 1930s bungalow, w/ great updates & character. Located on a large corner lot w/ room for expansion, this home features spacious rooms, high ceilings, & abundant natural light. Upon entry, a large living room greets you with two built-in shelves that flank the entry into the dining room. The spacious dining room includes a display nook & beautiful wood details. A well-appointed kitchen offers honed granite counters, shaker style cabinets, SS appliances, & space for a home office or breakfast table. The primary bedroom, located off the back of the home, includes a spa-like primary bath w/ soaking tub, walk-in shower, & large walk-in closet. The guest bedroom features built-in shelves & a built-in window seat w/ storage. A spacious guest bath w/ tub/shower combo completes the interior space. This home is conveniently located near I-45, I-59/69, I-610, Allen Parkway and Memorial, and offers great access to many of the best dining & entertainment venues Houston offers.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Kirsten Abney, Better Homes and Gardens Real Estate Gary Greene -
Last Updated: 4 months ago
Data Source: HAR , MLS# 61585893
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Last Updated: 4 months ago
Data Source: HAR , MLS# 61585893
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