$998,000 Last Listed Price
●
House -
Off Market
3614 Merrick Street
Houston, TX 77025
3 Beds
2 Baths
2,278 Ft²
$6,422
Est. Monthly
$32
HOA / Fees
About This Property
Hard to find, traditional beautifully updated 3/2 ranch home with a
pool in Braes Heights. Truly one of a kind with open living spaces
perfect for entertaining and recent pool/spa addition with pergola,
firepit, outdoor kitchen plus greenspace. Interior features include
living and dining space overlooking the backyard opening to the
spacious kitchen with large gathering island, plenty of counter
space, 6 burner cooktop, beverage center, ice machine, wine
chiller, warming oven and large pantry plus bonus study/office off
the utility room area. Primary retreat includes updated bath with
double sinks and large closet and two secondary bedrooms and full
bath. Curb appeal, amazing backyard, and wonderful location in the
heart of Braes Heights close to medical center, parks, schools,
shops, and restaurants.
Unit Size
2,278 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$438
Property Type
House
Property Taxes
$1,489
HOA Dues
$32
Year Built
1956
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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 #7295902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Martha Turner Sotheby's International Realty | $998,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Hard to find, traditional beautifully updated 3/2 ranch home with a pool in Braes Heights. Truly one of a kind with open living spaces perfect for entertaining and recent pool/spa addition with pergola, firepit, outdoor kitchen plus greenspace. Interior features include living and dining space overlooking the backyard opening to the spacious kitchen with large gathering island, plenty of counter space, 6 burner cooktop, beverage center, ice machine, wine chiller, warming oven and large pantry plus bonus study/office off the utility room area. Primary retreat includes updated bath with double sinks and large closet and two secondary bedrooms and full bath. Curb appeal, amazing backyard, and wonderful location in the heart of Braes Heights close to medical center, parks, schools, shops, and restaurants.
| |||
| Jan 25, 2021 | Sold | ||
| Sold | |||
| Dec 10, 2020 | Listed by Alex Tyson Properties | $810,000 | |
| Listed by Alex Tyson Properties | |||
| | |||
|
Handsome Ranch with contemporary flair. Beautifully remodeled and reconfigured in 2013, Top of the line Kitchen SS Dacor Appliances includes double oven, Built in refrigerator,6 burner cooktop, ice machine, beverage center, tower wine chiller, warming oven, microwave, dishwasher. Other amenities include open floorplan, hardwoods, high ceilings, beautiful patio and pergola extensively landscaped, generous lot with room for a pool. The plumbing, electrical, HVAC and windows replaced in 2013. Don't miss this opportunity for one of a kind home. Never flooded, Zone X per seller
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Stormy Hayes-Knipe, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 7295902
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Last Updated: 5 months ago
Data Source: HAR , MLS# 7295902
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