$278,000 Last Listed Price
●
House -
Off Market
3507 Chapman Street
Houston, TX 77009
2 Beds
1 Bath
1,387 Ft²
$1,799
Est. Monthly
About This Property
Absolutely adorable Bungalow home with a location that is second to
none! Beautiful front yard with wrought iron front fencing,
gate, and remote access driveway gate - all freshly painted. Cozy
covered front porch with a swing to relax on. Up the driveway
you'll find a carport, extending between the enclosed back patio
and oversized, detached single car garage, and into the backyard.
Inside you'll find beautifully preserved original hardwood
floors throughout most of the home. Recent updates include:
full exterior painting, all energy efficient windows on
house, gutters, re-piping to +90%, sewer drain lines, fresh paint
on front and side fences, original interior doors and hardware
repainted, and kitchen flooring recently replaced.
Unit Size
1,387 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$200
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1941
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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 #47947929)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Oct 22, 2023 | Listed by REALM Real Estate Professionals - North Houston | $278,000 | |
| Listed by REALM Real Estate Professionals - North Houston | |||
| | |||
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Absolutely adorable Bungalow home with a location that is second to none! Beautiful front yard with wrought iron front fencing, gate, and remote access driveway gate - all freshly painted. Cozy covered front porch with a swing to relax on. Up the driveway you'll find a carport, extending between the enclosed back patio and oversized, detached single car garage, and into the backyard. Inside you'll find beautifully preserved original hardwood floors throughout most of the home. Recent updates include: full exterior painting, all energy efficient windows on house, gutters, re-piping to +90%, sewer drain lines, fresh paint on front and side fences, original interior doors and hardware repainted, and kitchen flooring recently replaced.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jason Taylor, REALM Real Estate Professionals - North Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 47947929
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Last Updated: 5 months ago
Data Source: HAR , MLS# 47947929
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