37
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3822 Merrick Street
About This Property
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,275,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to 3822 Merrick! A stunning 2-story brick and stone home in sought-after Meyerland on a beautifully landscaped lot with mature trees. Thoughtfully designed floor plan features soaring ceilings, hardwood floors, crown molding and plantation shutters throughout. 1st floor offers a private study with built-ins, formal dining with designer wall paper, spacious family room with fireplace, and a chef's kitchen with granite counters, gas cooktop island, double ovens and wet bar. Primary suite upstairs boasts vaulted ceilings, spa-like bath with jetted tub, frameless glass shower and walk-in closet. Additional bedrooms, game room with built-ins, flex/gym room and utility room complete the upper level. Downstairs bedroom with full bath. In-ceiling speakers throughout. Covered back porch with wood ceiling and ceiling fan overlooks a private yard with flagstone patio, detached 2-car garage and gated driveway. A rare opportunity in a prime location, this home checks every box!
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| Aug 11, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by PRG, Realtors | $1,180,000 | |
| Listed by PRG, Realtors | |||
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This gorgeous Braes Heights stunner will WOW you! Soaring ceilings, plantation shutters throughout, a full guest suite on the lower level, freshly painted, and many repairs from a previous inspection make this home ready to move in. Walking distance to the Weekly Family YMCA, 2 parks with trails and athletic areas, Pershing Middle School, and the McGovern-Stella Link public library among others put you in the middle of the action. 3 bedrooms up, a guest suite with private bath down, two huge living areas, a bonus room for a second home office or craft room, and tons of floored attic storage space add to the good feelings. Welcome home to 3822 Merrick Street in the heart of Braes Heights! OPEN HOUSE THIS SUNDAY, July 10, from 2-4 pm.
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017