3126 Amherst Street
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Greenwood King Properties - Kirby Office | $1,029,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
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A classic WU bungalow, in the heart of the neighborhood, with charming curb appeal. Updates abound inside and outside this quaint home. Bright & airy living room opens to a formal dining room with doors to the side patio. Kitchen opens to a family room and both overlook the great backyard space with nice deck. Lovely sunroom in the front of the house. Recent roof & gutters (2022), water heater (2022), carpet upstairs (2023), both bathrooms remodeled (2022-23), new paint interior & exterior (2022-2023), and more! Fridge, washer/dryer included. Seller is related to listing agent. All per Seller
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| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by Martha Turner Sotheby's | $895,000 | |
| Listed by Martha Turner Sotheby's | |||
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Adorable and updated two bedroom, two bathroom bungalow in the heart of West U with a fantastic back yard! The inviting living room has vaulted ceilings & a gas fireplace and leads to the spacious dining room overlooking the side brick patio. Updated & light-filled kitchen with stainless appliances & tons of cabinets opens to the cozy family room with double glass doors that bring the back yard indoors. Beautiful hardwood floors. Upstairs primary bedroom with en-suite bathroom featuring double sinks plus an adjacent study. Secondary bedroom downstairs with access to the hall bathroom and to the sunroom at the front of the house, which would make a great home office. Entertain or relax in the back yard, either on the deck off the family room & kitchen or the brick paver patio surrounded by beautiful landscaping. Two car detached garage rebuilt by a previous owner. A charming fine home!
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Property Highlights
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Price/ft²
Listed On
Sold On
About Southwest Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 72613509
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